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

To: LTK007 who wrote (24903)	9/4/1999 12:33:00 PM
From: Benkea	Read Replies (2) \| Respond to of 99985

"Not being disrespecttful, but if the jobs report had been pro bear--Bill's call would not have been phenomenal at all." It wasn't pro-bear and it was a phenomenal call :) Aren't we in agreement that T/A is supposed to reflect what is "really" going on? As many have noted here, the jobs report was bullschit in that it stacked jobs back into a revised July making August look terrific, but leaving the average looking negative which the "market" ignored. There were also seasonal factors put forth by many, including those compiling and "presenting" the data. Moral: The "market" saw what it wanted to see and T/A telestrated it ahead of time. The glass is always 1/2 empty or 1/2 full, and T/A often suggests the direction of that perception. RE: Bill This guy has been right on the money for several weeks now. While I am not interested in participating in a high risk/ confusing market right now, his call re: strong rally to 9/27 +/- 3 days with a pause around 9/14/99 should at least be heard.