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


To: Benkea who wrote (30062)10/15/1999 9:01:00 PM
From: bobby beara  Read Replies (3) | Respond to of 99985
 
I'm still holding a bunch of Nov 800 calls on the OEX!

Benkea, this is Ure's quote, he has been calling a crash since 1997 on his website, it would be quite apropos for him to be long calls going into a bear market.

From watching tonights NBR the "new era" sentiment is that risk premiums are no longer valid since the public has bought the long term investing approach and there is no need for risk premium.

I guess there is no more wall of worry, everybody is looking for the buying opportunity.

There is a horde of "Henry Ford's elevator operator" types recommending the next hot internet play out there and they all have web sites.

bb



To: Benkea who wrote (30062)10/15/1999 9:44:00 PM
From: John Madarasz  Respond to of 99985
 
decisionpoint.com



To: Benkea who wrote (30062)10/15/1999 9:53:00 PM
From: pater tenebrarum  Read Replies (1) | Respond to of 99985
 
re: urbansurvival: so far, so wrong. i was also looking for a blowoff if you recall, but i don't think the market has the energy left for that to come true now. didn't he state that 1259,29 was the 'critical SPX support for the bullish case'? we're at 1247,41 now. he keeps on making 'the bullish case' though. btw, the cycle dates are taken from the Bradley Siderograph...if you remember, they predicted a high for 09/28, which was a Bradley turning point...now, the Bradley turn 08/10 worked perfectly well, but then something changed, as 09/28 turned into a low instead of a high and once again this week the market has turned ahead of the Bradley. now the supposed high of 10/19 once again will be a low...we'll see if it works again. lets not forget the Bradley missed the better part of the rally from last year's October low and predicted a steep decline beginning in late April which didn't materialize...maybe it's late again and instead of the Bradley catching up with the market, the market will catch up with the Bradley. and let's not forget, all this is astrology!

here's the Bradley:

geocities.com

now you know where Shepler's cycle dates come from....

regards,

hb