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


To: pater tenebrarum who wrote (34622)12/3/1999 9:18:00 AM
From: KeepItSimple  Respond to of 99985
 
>as long as it makes stocks go up, why worry?

Amen. I admit it took a great deal of mental effort to ignore fundamentals and dive into the corruption head first, but the profits i have made by buying recklessly-out-of-the-money calls on internut stocks in the past 2 months are greater than the profits i made in the previous 3 years combined.

There is no choice but to be long in this market. The fed is throwing tons of money into the fray every day. You CANNOT win by being short.

That is my Market Direction Analysis for today! I apologize in advance if the format is not according to this thread's technical specifications.



To: pater tenebrarum who wrote (34622)12/3/1999 9:19:00 AM
From: SeaViewer  Read Replies (1) | Respond to of 99985
 
The NY Fed chief is pumping again this morning. It will distort any TA analysis.