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


To: donald sew who wrote (20003)7/13/1999 12:38:00 PM
From: wmwmw  Read Replies (2) | Respond to of 99985
 
I have seen all the requests for offering reasons to support one's opinions. But I can tell you most of good calls I have seen were from people's market experience. Making a call is essentially to say you find a move that the market will later follow, but this move market doesn't know at the time of your call. Yes, you can make such a call, but it is hard to find a clear logic which the market is unaware at that time. The market consists of best people, who leave no such opportunity. When I say all the factors that cause market to be down right now will not overwhelm power of good earnings, it is just a feel, a feel of degree of powers of each factors , and their combination. This feel combined with market experience is the source of a call. But I can't give you a clear logic. Even I give you it will not be so convincing. The market will not fail to find this convincing logic before me. The only thing convincing to me is my feel.