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


To: Jerry Olson who wrote (38551)1/29/2000 3:27:00 PM
From: dennis michael patterson  Read Replies (1) | Respond to of 99985
 
OJ, thanks for the quick reply. I am doing ok. Up 211 percent last year, down 11 percent this year. It's a life!I still like Csco for the earnings run and a blowout Q. I will have my Cisco Tee shirt on for the CC. I've got Wagner on the Dell audio system as I work today. I hope Mozart will be playing by Weds. All the best!



To: Jerry Olson who wrote (38551)1/30/2000 3:19:00 PM
From: pater tenebrarum  Read Replies (2) | Respond to of 99985
 
OJ, of the five bears i know, two are broke, and the other three never went back into the woods...<gggg>

seriously, both put/call ratios and the Rydex ratios show that the bears are scared to short this market and the bulls are highly confident it will snap right back. bears out of the woodwork looks differently.

you mention we were never overbought? well, the 10-day TRIN reached it's lowest level ever during November...that's overbought enough for me...

i agree though that one must stay alert for when the bottom's made...it'll be a great opportunity.

regards,

hb