SI
SI
discoversearch

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 671.910.0%Nov 14 4:00 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: bobby beara who wrote (66833)1/14/2001 1:22:45 AM
From: Mike M  Read Replies (1) of 99985
 
it surprised even a lot of bullish traders, that the nasdaq took off again after the jan 2000 hesitation.

True enough, but that Y2K market wasn't fighting the FED...yet. :o) AG was spiking the punch bowl at the time. Well, he's doing it again.

but you must respect the trend, until it ends.

Which is eventually reversed 100% of the time (i.e. the trend always reverses in the end <g>). And you must not fight the fed...Seldom a good move.

Agree, not an easy call. Tuesday should struggle...on that we can agree.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext