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

To: bobby beara who wrote (35920)	12/23/1999 3:14:00 PM
From: Lee Lichterman III	Read Replies (4) \| Respond to of 99985

Looks to me like a bearsih wedge forming especially with the stochastic getting toppy BWDIK. For some entertainment, you can stroll over to IKE's thread and watch him patting himself on the back again. I guess he skips all the posts where he was shorting at the recent low just like he skipped the ones where he was 100% long calls at the top before the last drop. He is often right and I respect that he sticks his neck out on calls, but his constant boasting even when he has been wrong is comical. BTW, you never responded to my post when I was quoting Monty Python's Holy Grail, hope you realized it was a joke in response to your post about the thread now being market direction and trading insults. I did make sure to put a <g> after it. Funny how the indexes are screaming yet the QQQ is barely moving and many of the stocks I track are only mildly up. Up volume is impressive but over all volume is light in pre-holiday trading. Next week does the Santa Claus factor win out or will someone wake up from their post holiday hangover and look at the Bond and think "what in the world was I doing"? Kind of like waking up in the AM wearing a pink tutu, cowboy boots and seeing various barn animals in the bedroom but that is another story. <ggg> Good Luck, Lee

To: bobby beara who wrote (35920)	12/23/1999 4:40:00 PM
From: dennis michael patterson	Read Replies (2) \| Respond to of 99985

b, the reason this is soooooo bullish (spx and dow) is that markets around the world are breaking out. This will lead to a melt up in January. I added to the Q on the dip!! As we close out 1999, I point out again that the Batman and the Supertanker Babe have been right and the bears wrong. FRED HICKEY--Achtung Dude!! Dell cracks 50!!! Did he not say it would be nuclear winter??? He was ALL WRONG!! The whole crowd has not called this market right for years b. But I know you're better than these guys. I just cannot believe how much so many have left on the table. All I can say is "Thanks!" SKIPPER-- where are ya??