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Strategies & Market Trends : MDA - Market Direction Analysis

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Dec 5 4:00 PM EST

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To: Terry Whitman who wrote (31899)	10/30/1999 6:33:00 AM
From: KM	Read Replies (2) of 99985

Actually, I have, as I've been in the market since 1979 both for myself and as a trader for a institutional fund, and before I was old enough to have money in it, learned about it firsthand from my dad, who was a market reporter and editor. I heard a lot of talk last Friday about reversal signs too. Cisco was going to bring everything down this time. Didn't happen. Terry, I'm not saying you are wrong. I don't care one way or the other which way the market goes, as I play both sides. I'm just amazed that after two days of rallying, people want to call a top, yet after months and months of steady grinding down, refuse to believe that an interim bottom could possibly have been set. Hopefully, we'll all be able to recognize profitable trend changes when they happen in time to take full advantage of them. That's what's great about this thead - there are some very talented people on it who share their thoughts and reasoning with us. Good luck.

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