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

To: Robert Rose who wrote (25397)	9/9/1999 7:43:00 PM
From: pater tenebrarum	Read Replies (1) \| Respond to of 99985

Robert, i sympathize...i believe you held on to the nutz due to tax reasons if i remember correctly. anyway, since you have bought in at much lower prices you are still way ahead of the market in general. the april highs in the nutz were mostly mania aberrations - it's of course possible that they will be revisited, who knows? the recent rally has been pretty impressive. personally, i don't believe at this point that the nutz will regain their old highs anytime soon, but that's just my opinion and it is based on the current chart picture - to me this looks like a bear market rally so far. if they don't turn back down soon and surpass the right shoulder of their vast H&S i could change my mind about that. regards, hb