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

To: John Madarasz who wrote (45667)	4/11/2000 10:34:00 PM
From: Secret_Agent_Man	Respond to of 99985

complacency, concern/capitulation? what about ambivalence? I went to cash late last week and basically stopped watching as the slide will continue as i c it. the bounces from here is most likely {jqp} thinkin they'll get in on the cheap b4 anyone else really starts buying again seriously. problem is smart money is selling and shorting any rally thus, the recent recapitulation of last week is upon us... this time it'll be different they say...yeah, this time it's for-real...they just don't know it yet and won't capitulate until it's of course... too late.... Still plenty of money to be made for the nimble but, it's a cash market these days and the leverage junkies that many of which still are out there will continue to be handed their heads until in fact capitulation is forced upon them and and all the tigers are extinct. cheers PS thanks for the good reading again folks.