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


To: Jorj X Mckie who wrote (27773)9/28/1999 9:26:00 PM
From: bobby beara  Respond to of 99985
 
JXM, as Vitas recently posted the a/d line top of 94 and a possible support area, it did not hold, i believe the trend has changed and bull market indicators can't be trusted here.

As your pointing out ndx is Custer's last stand (was that at 150 p/e ratio)

My bet is on the indians -g-

bb



To: Jorj X Mckie who wrote (27773)9/28/1999 9:51:00 PM
From: Jerry Olson  Read Replies (1) | Respond to of 99985
 
XXXXXXX, Man..

yeah i read it too...looks like crapola huh???

i thinkn we capitulate right before the fed...then BOOM!!

me thinks the DJBB reversed up NO???

and i think what with the power of this market moving in both directions, we can overshoot, and pierce trendlines and such, without causing perceived damage....

while all of P&F looks terrible...if the NYSEBP just makes that bottom, and AG is KEWL...ya know what???

i'll take the dive BEFORE the indicators reverse up...we are major league oversold in everything i see...

so yes i see those same things...but not so sure we'll hit those downside targets in each of the indicators this time...maybe, but don't think so...

hey i'm not goin' hog<g>, wild...but will toe dip, for Feb Calls, on some stocks i think could litterally double from here,,,,,

kiss the kid...