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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 671.910.0%4:00 PM EST

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To: TA Trader who wrote (10069)4/6/1999 10:57:00 PM
From: bobby beara  Read Replies (2) of 99985
 
TA, I will be selling AMTD on tomorrows rally, but i always sell too soon, i sold cmgi at the close yesterday.

I would not feel comfortable holding overnight, if the rally powers up heavy in the morning, i'm out.

I'm 75% sure we topped in the DOW today. I wouldn't argue with the bradely, it has been very accurate and the chart I will post tomorrow will give it some credence.

>>>>concerned that everyone is talking about a top this week<<<

most people i hear talking are saying buy for the long haul, i'm a long term investor. you have to have bears at the top, it's insanity to think that everybody should be giddy drunk with net profits and saying buy for the long haul.

People know this market is internally damaged and they are all hanging in to the last moment figuring they can get out (Galbraith writes about this)

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