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


To: bobby beara who wrote (19572)7/7/1999 1:49:00 PM
From: pater tenebrarum  Respond to of 99985
 
Bobby, re: bullishness - to my surprise bullish investment advisors actually declined last week in spite of the rally; this means it may still have some legs. usually the percentage of bullish advisors tends to peak before the market, but a market peak is almost always preceded by two or three weeks of rising bullish advisor percentages.

regards,

hb



To: bobby beara who wrote (19572)7/7/1999 3:13:00 PM
From: pater tenebrarum  Read Replies (1) | Respond to of 99985
 
Bobby, question: what should the stock market do about the bond market? answer: if it goes down, ignore it; if it goes up, rally. now it's: rally even if it goes down. the self-perpetuating momentum of this mania is truly amazing.

regards

hb



To: bobby beara who wrote (19572)7/7/1999 4:02:00 PM
From: pater tenebrarum  Respond to of 99985
 
Bobby, it seems the nutz are really about to make a big right shoulder, as you said. YHOO earnings today will determine their fate...

regards,

hb



To: bobby beara who wrote (19572)7/7/1999 4:44:00 PM
From: pater tenebrarum  Read Replies (4) | Respond to of 99985
 
Bobby, YHOO meets whisper number - up about 2 1/2 in after-market.

regards,

hb