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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 671.930.0%Nov 14 4:00 PM EST

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To: bobby beara who wrote (50063)5/10/2000 12:08:00 AM
From: Secret_Agent_Man  Read Replies (1) of 99985
 
b:i hate when oj goes bearish and i'm short -g- (maybe this time is different -g-)...ummmm, could be as averyone keeps saying "this time it IS different"...

havent made much these past few weeks but, oddly enough havent lost any either...unless u count mutual funds, which are taking a beating, 401K and all but, that's really long term...one day at a time<g>

Seriously, All the charts are bearish that I'm looking at dark clouds, breaks below the support areas, falling out of rising wedges...bleak is a modest term, relative to what I see and yet, in the back of my mind there is a hint of something sinister...

could the PPI be good? and if so, so what...the fed will tighten no matter what and in fact, no matter how much, is'nt a bit late? are we indeed on the ledge of the abyss? maybe not this week and maybe not next but...soon......

Got GOLD?

cheers
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