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Strategies & Market Trends : MDA - Market Direction Analysis

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To: Timothy Liu who wrote (22367)	8/6/1999 6:06:00 PM
From: Haim R. Branisteanu	Read Replies (1) of 99985

OT Timothy, your definition does not represent the J6P which I defined. It means Joe Six Pack Markets only Go Up but it refers to those market participants who trust the media, their friendly broker, and all other analysts strategist like Ralphy, Abby, GOGO Gaz, Kadlow, Joye B, Maria <GG> etc., and believe in budget surpluses and that this administration never lies. They usually contribute monthly to their 401K because in the past the market made them rich on paper and do not sell as they need to pay taxes but borrow on their credit card because they will pay with profits in the market. Those people are not only blue collar worker but also well educated people who are clueless about the working of a stock market. Did I mentioned that they are also arrogant and think they know it all?? <GG> BWDIK Haim

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