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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 670.92

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To: bobby beara who wrote (39000)	2/3/2000 10:16:00 PM
From: dennis michael patterson	Read Replies (6) of 99985

OK b, what's the lesson? What has the last 7 trading days taught us? If you bought Csco Monday (when I was on ^&**ing jury duty) you made 18 percent. How did you know that was the bottom. Was anyone on this Thread telling people to buy? No, everyone was telling us that we were going down. WRONG! The proper advice would have been to check the 50 DMA on the big caps and see if these stocks bounced off support. Now here we are at the top of the channel and you're pointing out that we may break out. But this is where I want to start lightening up! I am getting off margin in the morning, having spent the week loading up. Am I missing something? I'm serious b!!! "Buy the Dip" sounds dumb. And I may be Joe 6p, but its coming out the wazoo

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