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


To: Dwight E. Karlsen who wrote (41835)3/1/2000 1:23:00 AM
From: bobby beara  Respond to of 99985
 
Dwight, the sox is in parabolic blow-off mode, i will be averaging in a short position over the next three trading sessions.

i will be glad to measure my broker receipts with anyone who has bought sox at this point three months from now.

b



To: Dwight E. Karlsen who wrote (41835)3/1/2000 1:26:00 AM
From: Michael Watkins  Respond to of 99985
 
The problem is, two days from now another "analyst" will jump on the upgrade train, and the buying public will lap it up, using it as another excuse to run the SOXX up another 10%

Maybe, but eventually it ends. Everything does end, or rest (sometimes for a long long time...) eventually. I am sure the mega bullish OJ will be OK, but most of the every day investors I run into are lapping it up and will not know when to bail. They never do.

Anyways I better stop posting tonight otherwise a crash can never happen... ;)