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


To: pater tenebrarum who wrote (35247)12/15/1999 8:23:00 PM
From: John Madarasz  Read Replies (2) | Respond to of 99985
 
Hi heinz...

I think this is as good an opinion as anyone could find here on SI ...

...It still remains a game of buying only relative strength/momentum names, as all valuation measures have long since been thrown out the window. As it has been for the last two years, is currently, and will be until this leg of the bull market comes to an end, value is out and only the highest of flying/large cap names can truly outperform. Dumb, but true.

Message 12292221

This fellow really is remarkable in his abilities and humble modesty.

Best Regards,

John



To: pater tenebrarum who wrote (35247)12/15/1999 8:23:00 PM
From: KeepItSimple  Read Replies (3) | Respond to of 99985
 
Favors is a worthless prognositicator. His technical analysis was completely and utterly wrong, day after day, while he was still a bear.

With his paying subscriber base collapsing, he joined the church of joey "stocks never go down" battapaglia and started twisting his analysis to always point straight up. He throws in a lot of "if intra day dow xxxxx is breached before day +3/-1, then a short dip to be followed by STRAIGHT UP, if no dow xxxxx then just STRAIGHT UP" to make it look like he's actually working for a living. But in the end, every single report this guy has issued in recent memory has signed off with STRAIGHT UP.

Just like abbey cohen, these guys aren't doing any analysis, they are simply saying "TO THE MOON, ALICE!" and never wavering from their view. They won't waver even when the market finally collapses.

Every brokerage worth their salt has one analyst who is always calling for STRAIGHT UP, and at least one analyst who is always calling for CRASH. That way, they always have _someone_ who works for the firm who is "right" and can appear on CNBC to pimp for whatever stock they happen to have inventory of to sell.

Oops, did I just say that? ;)



To: pater tenebrarum who wrote (35247)12/15/1999 8:49:00 PM
From: Doo  Read Replies (1) | Respond to of 99985
 
If Favors is right, I just hope his luck doesn't turn before he picks the top of all tops!!! <ggg>