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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?


To: ajtj99 who wrote (80036)7/12/2001 12:02:21 AM
From: bobby beara  Read Replies (1) | Respond to of 99985
 
alt, those are all fundamental indicators, we have a liquidity driven market, i don't know if the bear market is over, but i believe we have put in enough bearishness as indcated by put/call ratios, naz trin, and rydex ratios that a rally is due to lure in people, market's don't go straight up or down, i believe we just finished a significant down wiggle from may 21st and we are heading into a period where buyers will forgive the bad fundamentals and buy on hope, until the market get overbought enough again.