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 681.44

+1.6%

Nov 10 4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Haim R. Branisteanu who wrote (39559)	2/9/2000 9:26:00 PM
From: Gersh Avery	Read Replies (1) of 99985

Hi Hiam The way that I figure it, this whole market has been one long series "short x to go long y." More and more "y" has been tech stuff (down to the last three or four now). "x" has grown larger and larger and covers almost all of the CRB, bonds, foreign currencies, utilities and almost anything else that doesn't seem to move very fast. Bond short bandits hit again mid day to try to keep techs up. Then Summers dropped the bomb after the bell. So then .. to pull the market back up, the xy bandits will have to slam bonds and the XAU out the gate in the AM. They'll just have to keep shorting and shorting and shorting .. just to break even .. if they're lucky. If they decide to cover any of their prior shorts they may have to sell off stocks to cover losses .. I get this picture of the NDX dropping lock down for the day .. over and over and over again.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next