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


To: pater tenebrarum who wrote (31878)10/29/1999 7:37:00 PM
From: Lee Lichterman III  Read Replies (3) | Respond to of 99985
 
Those candles are impressive and if the Trannies could have held on to their highs I would have paid anything to get in since it would have been 3 white soldiers formation but it slipped at teh end of the day.

I seriously doubt we will reverse Monday. J6P is going to watch Ruhkeyser as he looks into the camera with that usual smug grin and proclaims that he was right once again. J6P will then fill out one of his courtesy checks from the credit card company and match that with full margin when he drops it off at the broker and instructs them to buy what ever is going up. Of course the fastest mover will be the one that is doubling each month with no fundamentals and no earnings. The saddest part of this story is that J6P will become wealthy because of his total ignorance. The weak (of mind) will inherit the earth.

Good Luck,

Lee