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

To: TWICK who wrote (80656)7/21/2001 1:21:16 PM
From: 10K a day  Read Replies (1) | Respond to of 99985
 
i mean
i've never been to the rodeo
i don't even like the smell
of horses
but to hear the women
talk about the bullriders
and how they walk all bowlegged.
and then they come up with sayings
like one hung low.
i'm thinkin' no shit.
that's what happened.



To: TWICK who wrote (80656)7/21/2001 4:24:33 PM
From: Square_Dealings  Respond to of 99985
 
I think the best scenario would be a continuation of the wedge action in the markets dropping in small steps with rallies in between. The rally from that low could be very nice indeed.

If on the other hand the market drops rapidly another 25% from here it may take more time to get it on its feet again. Just glad I'm not in the home mortgage business at this time -g-.

M.


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