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


To: pater tenebrarum who wrote (25738)9/14/1999 2:05:00 PM
From: clochard  Read Replies (1) | Respond to of 99985
 
Amen that Heinz. When there are so many dumb *ucks in the market like there is now, the end comes only after a long and boring slog to the heavens. J6P is still completely in the dark and is prepared to ride any correction down and sell only when the bottom is reached. The big boys know exactly how much inertia and liquidity are there and will move when it is physically impossible to go further.



To: pater tenebrarum who wrote (25738)9/14/1999 2:30:00 PM
From: dclapp  Read Replies (1) | Respond to of 99985
 
heinz,

I share your vision of a logical, and rather darkly romantic, one-last-manic-up before reality takes hold again.

However, I think a rolling top is more likely. J6P won't necessarily be blinded-sided so much as slowly ground down by a market that's narrower by the day. After a while, you just leave, after all...

doug



To: pater tenebrarum who wrote (25738)9/14/1999 3:10:00 PM
From: Charles P. Hubbard  Read Replies (2) | Respond to of 99985
 
This remaining bear is almost all cash now, and will remain that way until I see some signs that the insanity is ending.
cph