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

To: NucTrader who wrote (31943)	10/30/1999 9:34:00 PM
From: GROUND ZERO™	Read Replies (1) \| Respond to of 99985

That's quite a Web site..... GZ

To: NucTrader who wrote (31943)	10/31/1999 12:42:00 AM
From: Dwight E. Karlsen	Respond to of 99985

Anyone following Shep's advice for the last couple of weeks would be hurting pretty bad by now. His last two calls were truly disastrous: When the SPX initially went to ~1265, he was correctly on the long side back up to ~1335. THEN, he called for a continuation on up to ~1360-80. The trouble is, the market instead reversed course and went all the way down to ~1235. Kind of a big oops. But the market bounced back up to ~1280 within a couple days of that low. THEN, after IBM produced it's "Mainframe warning disguised as Y2K nuclear winter" he switched sides (to bearish) and panicked, calling for a "very good possibility" of going 50-60 SPX pts down within two days. Instead, the market gapped down 10-15 pts, and ended the day virtually UNCH. And that was it for the lows. One (1) week after Shep expected the SPX to be at ~1220, it is instead at ~1363. Another big oops. If Shep is bullish now, I'm considering going short.