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 660.19

-0.8%

4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: bobby beara who wrote (79219)	6/25/2001 10:54:55 PM
From: t2	Read Replies (1) of 99985

Newvision, no slam on you but you have been unrelentingly bullish (yu were correctly so off the april bottom) for several months now while tech has gone sideways to down. bb, I don't really mind sideways action. After the market made a big move...going down from 2300 to about 2050 is no big deal for me. It allows me to set up my trades for next month. I am looking for the same opportunity now....a little lower on the Naz this week would be a bonus as far as I am concerned. A sell on the news on the interest rate cuts would be an ideal opportunity leading into July as far as I am concerned. However, it is now harder to predict patterns...especially as we head into earnings season. For that reason, I am going to be done most of my buying by Wednesday and look for additional positions for the rest of the week if I get the opportunity. If my July plans work out as I expect they will, I might take a vacation from trading.<g> ..maybe even a permanent vacation from trading...to call it quits.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next