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


To: Michael Watkins who wrote (41300)2/25/2000 7:17:00 AM
From: Rarebird  Read Replies (5) | Respond to of 99985
 
Michael, with all due respect, I called the move in ADBE on February 8 when ADBE was at $77 and they came out with that wireless PDF application for the Palm:

Message 12806176

Message 12806766

I also called the move in PUMA on February 15 and posted the initiation of my long position at $99:

Message 12872467

Now last weekend you were talking to me about some kind of a bearish 15 minute chart on ADBE. ADBE is going to $125 Michael. Wireless is the wave of the Future and the Big Smart Money knows it. I'm a Palm Freak and know the whole ins and outs of this industry. Charting is a means to an end for me; it is not an end in itself. I focus on trends and big waves.

You can take your nickel, Michael, make a bearish wish and throw it in your local pond. But just remember that high tech information stocks like ADBE are under massive accumulation and are moving much higher.