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 665.67

-0.9%

4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: ajtj99 who wrote (78051)	6/6/2001 1:10:56 AM
From: American Spirit	Read Replies (1) of 99985

No one really knows when to get in or out. Just have to make a gut call and go for it. All I know is I made a modest profit and got back all my money plus more on LU so I'm out and I'm happy. If it goes up again tomorrow so what? This market is going to swing up and down a lot going forward. That is because the negative and positive are equally good arguments at these prices. CSCO is too cheap at 14 and too expensive at 24. Therein lies your trading range though it probably won't hit either end. Not until fall anyway. and then it will be to the upside. In the meantime I very much recommend a good oil stock or two. Some of them are actually cheap despite huge earnings. Basically I will continue to do the opposite of what the market does. Which is why I sold today.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next