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Strategies & Market Trends : MDA - Market Direction Analysis

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Nov 25 4:00 PM EST

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To: HairBall who wrote (11596)	4/20/1999 11:24:00 PM
From: Compadre	Read Replies (2) of 99985

LG: There has been various insinuations in this thread that bullish talk may be causing careless bull into buying into a bull trap. Let me disagree with you in a friendly manner. For one thing bulls and bears alike do their buying based on their analysis that the timing is optimum when they buy a stock. This applies to anyone who is trading stocks, either long, intermediate or short term. If I am s long term player, I would certainly not take an intraday players advise to enter my positions. It would not make sense, would it? If I were to buy a stock to hold for intermediate term play, would I have bought in five days ago? My answer is no. Could I have bought 2 weeks ago? The answer is yes. Would In hold this position until today? My answer to you is: Do you think I am crazy? What would a long term player entry point be in this case? The answer is March 23. Would a long term player buy a week ago? The answer is not on your live. Now let me turn around those questions, and ask you this: Would a bear short the market on March 23 and hold it till today? I think those insinuations are very unfair. Please give these words some thought. Regards, Jaime

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