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


To: bobby beara who wrote (33877)11/20/1999 5:41:00 PM
From: dennis michael patterson  Read Replies (1) | Respond to of 99985
 
yes b, I know you like this one! And you have read it VERY well before. In fact, I am certain that you motivated me to sell at 166. I don't recall what you wrote but found it persuasive. M cycles guy (Carpino) has the top in on 2 December. Let's see what this week brings. Gotta have a big up day in the naz Monday with the Msft news. I have made a lot of money in these last 3 weeks, and I would HATE like hell to give much back. The Naz looks absolutely nutso to me. BUT we are in the best spot of the year. or are we, now that ALL this money has been spent!?? I shall keep an eye on AOL.



To: bobby beara who wrote (33877)11/20/1999 8:45:00 PM
From: KM  Respond to of 99985
 
I've got a bunch of double repo (DiNapoli) sells about half way set up, which hints that we have a few more up days to go before the real profit taking sets in. This would jibe with the notion that many professionals will be out this week and moreso as the week wears on, also with Carpino's December 2 cycle high.

While we're waiting, here's a nice looking one for a possible short term long trade. Cycle buy, pennant, and you won't be embarrassed to admit you own it (as in Ask Jeeves <G>):

timely.com