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


To: bobby beara who wrote (45874)4/12/2000 11:27:00 PM
From: HairBall  Read Replies (1) | Respond to of 99985
 
bobby beara: Well, I know that folks that bought at or near the top...OR...folks that kept pumping up the margin, may already feel like it went bang. But from my perspective, the market especially the NAZ can move all the way down, re-enter its rising trading channel from 1990 and still technically be in a bullish up trend.

Its all a matter of perspective.

Traders should take profits along the way tucking them some place safer and stop betting the entire nest egg on speculative issues.

Regards,
LG



To: bobby beara who wrote (45874)4/13/2000
From: sargent  Read Replies (3) | Respond to of 99985
 
A long time lurker and occasional poster to the MDA thread.

Usually only post when things seem really ugly. I don't think I have seen this much pessimism, not only on this board, but on threads all-around, ever.

The bottom is near - everyone is either scared shi..less or shorting like hell. Hope we gap down tomorrow, as I think that is where we reach the bottom of the NAZ.

Just a contrarian view. As always, enjoy the banter. Be good...