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

To: bobby beara who wrote (28614)	10/6/1999 8:20:00 PM
From: Jerry Olson	Read Replies (1) \| Respond to of 99985

BB and HB..LOL....bullish..was I a bear??? ah only for the moment.. i closed out my OEX puts..a daring play against all odds...and went long selected stocks....options only..nothing major... obviously the semis and nets rule the world...AOL..a powerhouse on the run to earnings...nothing will stop it now...AMZN-EBAY-YHOO-DCLK-ATHM-LCOS-INKT-BVSN-VRSN-ETYS and a host of others...are rushing thru the meadows..tip toeingthru the tulips<g>... and those semis..absoultely gorgeous..buy all pullbacks in any solid semi and hold it for a double even from these levels...from my sources overseas..these markets are so busy right now it will take your breath away...i'm NOT blowin' smoke..either... chart patterns and future buziness outlook is steller...so stop worrying about the markets.. yeah we'll get beatupagain...butyou HAVE to buy those dips here... all the P&F indicators are very oversold..the Hi/LO or the Percent of 10 is very close to reversing UP here...the bonds too...we may get choppy thru Oct earnings and eco reports...but boy this sure looks ok to me...i was in cash, but i've put about 1/3 to work long, and will continue to add each time i get a major dip... the money is pouring into the markets..heavy vol..on the upside... i would guess after next week opp ex week..we scream higher hard and fast...i'm looking for trades during op ex week to play...bullish thru that tie frame... good luck.... oh Donald..all those doji's on all the indexs got wiped out...interesting...