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


To: KM who wrote (30820)10/20/1999 8:00:00 PM
From: michael r potter  Respond to of 99985
 
KM, a follow up on your "sentiment was getting a tad too bearish". Went into Mon. armed with best bullish and bearish arguments, but flexible. By mid day had covered all index shorts and went long. Many reasons, but one in particular stands out. At least twice they had CNBCs Mr. Pissani on the floor of the the exchange saying roughly "In talking to traders, they say there is just no reason to go long right here." Mike