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


To: Berney who wrote (23252)8/17/1999 11:02:00 PM
From: Secret_Agent_Man  Respond to of 99985
 
Subject 29682



To: Berney who wrote (23252)8/17/1999 11:12:00 PM
From: bobby beara  Read Replies (1) | Respond to of 99985
 
Bernie , my propeller blade does lean to the bear side, but it doesn't stay stuck on stupid in either direction very long -g-

My question to Benkea that brought up this dialogue was a geniune question, although some of my wave counts are showing a fiver at July 16th (i repeat wave counts are very subjective), i cannot ignore that this is just a pause in the continuing bull and the bounce off the 200dma is your usual 9 month cycle bottom that got everybody talking about 1929 and 1987 and in cash.

The uncertainty over rates, y2k etc will keep this market in a trading range for the near future which puts a precedence on being able to find tradeable turns with a sharpened propeller blade, IMO.

bb