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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Sonny Blue who wrote (16327)6/7/1999 4:23:00 PM
From: Lucretius  Read Replies (2) | Respond to of 99985
 
who cares about that.. just pass the EBAY.. we're goin to new highs!!!!



To: Sonny Blue who wrote (16327)6/7/1999 4:24:00 PM
From: HairBall  Respond to of 99985
 
Sonny Blue: You bet I did...that is why...I "was" kind of expecting the Market to notice...the last hour...<g>

Regards,
LG



To: Sonny Blue who wrote (16327)6/7/1999 4:32:00 PM
From: Benkea  Respond to of 99985
 
Sonny:

"Did everyone notice bond yield closed at a 52-week high?"

Yep, and also noticed many Fed stats hit the wires this afternoon like "consumer borrowing up", "home prices running at a +4.3% rate", etc. Commodities also had a hell of a day.

I closed some longs today because the volume was anemic. However, consensus is for a short-term correction, long-term bullish. Well, which part of that is going to be wrong (or will it be both)?