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Strategies & Market Trends : MDA - Market Direction Analysis

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To: Gary Wisdom who wrote (23232)	8/17/1999 10:57:00 PM
From: Berney	Read Replies (2) of 99985

Gary, Calling propeller beanie bb a bear is like noting that that Clinton is practicing celibacy. I don't think so. bb and others on this thread are definite switch hitters and will change their opinions and positions on a dime. That's the way it has to be in this game. It entertains me to hear all the bashing of CNBC. They are simply performing their role as the mouth piece for Wall Street. To take any of it seriously would probably take the same mentality as watching the shows with laugh tracks. Yes, like most of the folks, I keep it muted most of the day, but mostly because I get absolutely bored with the repetition. Now, I expected a nasty CPI number and it did not happen. OEX closed above a Fib 50% retracement. I got to assume we have a new line in the sand and we're going up! That said, I'm playing extremely short term; but then, I usually do. Berney

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