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 671.91

0.0%

Nov 14 4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: eichler who wrote (80202)	7/14/2001 7:14:45 PM
From: mishedlo	Read Replies (2) of 99985

Eichler, What you are NOT saying is whether or not this is YOUR belief. I have no reason to believe that person. I would be more inclined to believe you. But in this case I am in the same boat with Zeev. This rally is nearly over, if not over. This reminds me of a week in Feb where the market rose a week before expiry and tanked the nearly entire week of expiry. Everyon ethought the bottom was in. Anyone going long expiry week got crushed. As for me, I did not go long but I did get shaken out of many put plays only to see stocks get CRUSHED the final days of expiry. Watch for stocks to keep rising to a certain level, selloff a bit and keep doing it. The market may marginally rise or sink slightly during this process. When everything has been distributed, all it will take is one bad earnings report from ANYONE to set the whole thing off. It really does not matter who, but most likely candidate is INTC. Everyone will then blame INTC when in fact it will have nothing to do with them at all. That is my opinion and if wrong I will take a huge hit. I REFUSE to be whipsawed. Last time I was correct and I believe I will be correct again. Put/Call ratios now border on absurd but commercials have not yet budged on Spoos on Index as best as I can tell. One manipulated gap up does not a rally make. M

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next