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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 671.930.0%Nov 14 4:00 PM EST

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To: Jerry Olson who wrote (12631)5/2/1999 12:38:00 PM
From: donald sew  Read Replies (1) of 99985
 
Jerry,

>>>> as to your post about sideways movement in the DOW or any other index as being negative...i totally disagree with that... <<<<

A sideway pattern could also be obviously be a basing pattern, but as I have stated, a sideways pattern after one of the strongest rallys in history should be a plateau period.

>>>>> i often wonder what they are seeing reading that i'm not...being TOO technical will keep people frozen in their seats afraid to invest... <<<<<

Jerry, you have already eluded to the fact that you take high risks even to the point that you jokingly talk about gambling. Not everyone
should be that aggressive and I believe that most are not, since most
do still hold day jobs, at least the last time I looked. You probably
forgot but I was one of those who had a CLASS BUY signal when the NAZ
recently sold off and it was to the date, and those who played it
did great, and dont forget I also had the CLASS 1 SELL signal for that
decline. I no longer post my trades, since I dont want that to influence others just on what I am doing, but I want share so others can have a better understanding of technical analysis, whether is is
short-term or long term. Im just one of those who wave their hands up
in the air to influence others, rather I want others to learn an make their decisions for themselves.

Few go to the extent that I do at looking at the opposite viewpoint, and I actually turned cautiously bullish for a few days and changed back. But my bearishness did not stop me from calling a CLASS 2 BUY signal. So how is that frozen in the seat, keeping in mind that you
did address the note to me, unless you did not mean it towards me, then you should have said so. gggggggggggggggg My ex-wife always said
not to get into a debate with me. gggggggggggggggggggg

>>>>> the Internet.... knowing full well that the coming expansion of this sector is/was/will be, so amazing it will leave us all breathless...this is the one major area where investors can become millionaires...buy and hold, and buy every major dip, those solid stocks within the confines of this sector..5-10 years from now...we will look back at 1999, and say WOW!!!!!! i'm rich, i'm happy, i'm retired... <<<<<

You already know my bearish outlook 5 years out, so lets wait and see
how it turns out.

Well, glad to have your viewpoint.

seeya
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