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


To: pater tenebrarum who wrote (36889)1/6/2000 4:45:00 PM
From: Les H  Read Replies (1) | Respond to of 99985
 
Unfortunately, the strategists, er salespersons, on the tube give advice appropriate to people like they're all traders, and not investors. The advice is no longer tailored to specific needs, such as dictated by age, investment experience, risk-tolerance, etc. Some idiot told people to buy biotechs since they fell 8% the other day. That may be appropriate to a few people, but those people would've already pulled the trigger before he was on the tube.



To: pater tenebrarum who wrote (36889)1/6/2000 7:06:00 PM
From: Cathedra  Read Replies (1) | Respond to of 99985
 
More complacency reflected by another set of unimpressive put/call ratios, especially the NDX one. Didn't these people notice that NDX broke support today?