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

To: TimbaBear who wrote (29315)	10/13/1999 9:00:00 AM
From: Terry Whitman	Read Replies (2) \| Respond to of 99985

Required reading for anyone who thinks that this is a Bull Market- home.earthlink.net I'm not picking on you TB, <g> just needed someone to post to. Some incredible statistics in there- MSFT daily dollar trading volume equal to 10% of the GDP! 68% of all stocks below 200 day MA, etc.

To: TimbaBear who wrote (29315)	10/13/1999 11:22:00 AM
From: OX	Read Replies (1) \| Respond to of 99985

OT: just as a data point... I agree that the mind-set that taking out extra money from your house to play stocks is different than trading w/ money that could pay down a mortgage. I view it as 2 different decisions. I have a mortgage because it is the right thing to do given my tax/financial situation. Then I have another pile of money to trade, because that is what I do. I would never think to mix the 2. As a matter of fact, I have another pile of money that I designate as 'retirement' and I/we trade that differently. Your mileage may vary. also, when I apply for a mortgage, I never provide more data to the broker than is necessary... as a matter of fact, my broker tells me not to give him more paperwork than I need to qualify... he would hate to see all my various brokerage stmts, and I hate the hassle of having to give it to him. btw, that's an interesting viewpoint you give as a mortgage broker... I have thot the opposite too (that there were more people than normal that takes money out to trade. not many, but more than there should be)... I wonder, tho, if you clients are demographically skewed or if you think they are representative of the spectrum of borrowers. thanks for you viewpoint.