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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 659.00+1.0%Nov 21 4:00 PM EST

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To: Lee Lichterman III who wrote (36482)1/3/2000 5:12:00 PM
From: HairBall  Read Replies (1) of 99985
 
Lee: You have to take your emotions out of the equation, period! This Market is giving some "in your face" clues as to what is in progress!

In the mean time, take advantage of the speculative bottle rockets with speculative monies. Keep the speculative investment level constant by taking profits along the way and tucking them into more secure vehicles.

To keep one's entire grubstake in the speculative issues is to join the mania and become one with the asylum. Do not buy into the mania and the mantra "new era". A "new era" does not exist, but do not let that fact keep you from making money in this manic market. Do not believe the hype, but one must adapt to the current game! Maintain control by managing your exposure to the speculative issues, take profits along the way and tuck those profits into more secure vehicles!

Regards,
LG
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