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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 687.86-0.4%4:00 PM EST

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To: Les H who wrote (37501)1/15/2000 6:03:00 AM
From: Crimson Ghost  Read Replies (2) of 99985
 
Favors may be bullish, but the best trader I know has just turned bearish. This individual (APH) posts on the Kitco gold thread and his record is extraordinary. I have followed his stocks market and gold calls for the past 3 years and he is right about 90% of the time.

After being correctly bullish on stocks for the entire upmove since October he posted the following last night.

Date: Fri Jan 14 2000 22:53
APH (Trading - Dream Top) ID#7223:
Next week Puetz's dream top may come true. Finally things are coming together to the point where a significant top is at
hand. I doubt if its going to be as disastrous as Puetz thinks, but its going to dirty a lot of pants bottoms. The mar snp
should top at about 1495, if cash snp trades much above 1490 I maybe wrong, short the snp on any higher prices from
todays close, use a stop somewhere above 1495 mar,
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