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

To: HairBall who wrote (18990)	6/30/1999 8:32:00 PM
From: Gary Wisdom	Read Replies (2) \| Respond to of 99985

LG, unfortunately, most of my "wisdom" comes from "experience". But, for the moment, still surviving. The key, IMHO, is not to fight the tape. The specialists are not short inventory right now, so the trend is up for at least a few weeks. So, I'm buying JNPR tomorrow at the open. It's "only" $150. <ggg and not serious> Who the hell is paying $150 for it? And do they have any idea why? We're in an insane asylum and the inmates are definitely running it. The funny thing is if you look back at last July, it's the exact same pattern. I guess those that don't learn from history are doomed to blah blah blah. For my money, the drugs are going to run now. Jump on. Take your choice too. It really doesn't matter. The funds are scared of underperforming and they're going to be buying big. $6.7B of money flowed into funds just yesterday. Let the marking up begin.