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

To: James Strauss who wrote (21838)	8/2/1999 9:56:00 PM
From: Gary Wisdom	Read Replies (2) \| Respond to of 99985

No argument with that Jim. I haven't bought anything in weeks, and simply won't until that crescendo occurs. Buying stuff now is like giving money away. But I still don't understand how people are still chasing stuff like Juniper. What's the point? And Intel was ridiculous today. It's like people thought this would be their last chance to ever buy it again at this price. I feel like taking all my money and buying APM. That's $1.50 now and the most I could lose is $1.50 now. Of course, at this rate (it makes a new 52 week low every day), that wouldn't take that long. <ggg> The market gauge still shows the NYSE specialists are very long. And it was updated today on the weekly chart through Friday's close. Nothing seems to make sense.