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


To: pater tenebrarum who wrote (25749)9/14/1999 2:43:00 PM
From: dclapp  Respond to of 99985
 
heinz,

true...the Netdaq looks grasping here. Still, I can't think of any position more conducive to a good night's sleep than a QQQ short for the rest of the year <g> or, as don would say: <ggggggggg>

doug



To: pater tenebrarum who wrote (25749)9/14/1999 2:45:00 PM
From: Lee Lichterman III  Read Replies (1) | Respond to of 99985
 
Well I tried to go short the last dip and Waterhouse did me a favor by being asleep at the wheel once again ( what is that like 30 missed orders) Anyway, MSFT is trading at the high for the day, GE has recovered, SOX are going to the moon etc. FA doesn't matter, as long as the Fed keeps pumping money in, it will go up. The more they jaw bone, the more narrow it gets but it still goes up.

Bond recovering some what going into the close. I quit. I wouldn't spend my worst enemy's money in this market long and shorts only get burned. Look at MU, up again despite them racking up debt so fast they may pass up the federal deficit in a few years. <ggg>

Good Luck,

Lee