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

To: t2 who wrote (82433)	11/13/2001 11:04:22 PM
From: SecularBull	Respond to of 99985

I think we're a little "overbought" short term, but longer term I agree that things are improving. ~SB~

To: t2 who wrote (82433)	11/13/2001 11:13:36 PM
From: bobby beara	Respond to of 99985

Nv, the corps haven't done a significant upgrade cycle since late 99 for the y2k, while chip speeds have doubled, now while everybody is bearish as hell - even after this big rise off the bottom, i think there is a coiling in demand developing for the last year, bears are in for major foobar if they don't think low interest rates (and now fresh new lows in at the gas pump prices) aren't going to spur demand, look at auto sales in october. we had a super bull cycle from 98 to 99 and they all thought at the top it would continue and a super bear cycle from 2000 to 2001 and they all think it will continue. how about a salvo for the tweeners =g=