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


To: dennis michael patterson who wrote (36828)1/6/2000 10:02:00 AM
From: bobby beara  Read Replies (2) | Respond to of 99985
 
d, why did the market go up after LG identified all those 1.6-1.8 billion share flat distribution days.

mutual fund inflows into aggressive growth/tech were 9 x the july top, investors appetite for risk is very hot at the top.

LG's big boyz have mega amounts of stock to unload and they unload it when the public is hot to buy.

Your continued bashing of Tice, makes me think I should load up on bearx =g=

bears are the most wrong at the top -g-

b



To: dennis michael patterson who wrote (36828)1/6/2000 10:07:00 AM
From: HairBall  Read Replies (1) | Respond to of 99985
 
dmp: I posted three charts over the weekend drawing attention to the distribution. (COMP, NYA & COMPX) However, I did leave it up to each individual to discern their own conclusions. Up until this past weekend, I have been trying to reduce my posting, but I just knew this move was coming very soon and I lost control and have been unable to stop my hands from pounding the keyboard...<gg>

By the way, I had posted the same charts several times previously with my conclusions noted on the charts.

I suspect the distribution that has taken place will not be advantaged in an unbroken trend.

Regards,
LG