MDA - Market Direction Analysis Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : MDA - Market Direction Analysis

SPY 665.67

-0.9%

Nov 17 4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Benkea who wrote (29847)	10/15/1999 12:26:00 PM
From: pater tenebrarum	Read Replies (3) of 99985

Benkea, wrong...i turned bearish in July (too early i admit) when the first rate hike rally occurred, as bullish sentiment reached 13-year extremes. i have been cautious ever since. however, i think we all knew very well how the internals of this market stink and the fundamental backdrop began to deteriorate as well. the whole MDA thread has done great work pointing these things out over and over again... btw, you forgot to mention LG, who put out a pretty stern warning as well recently. let me conclude by saying that obviously there is still NO FEAR in this market. so there is no reason as of yet to abandon caution. volatility will likely increase even more, and for ST oriented traders who are able to catch these swings great opportunities beckon. as i have said yesterday, i'm more into position trading now...it's easier on the nerves and more to my liking. as such, i still see no compelling reason to rush in and buy. that said, i bought a small position in RTI today, the titanium co. - 1/3 of it's float is short, and it is a fundamentally sound company. regards, hb

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next