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

To: HairBall who wrote (46448)	4/15/2000 8:59:00 AM
From: AllansAlias	Read Replies (1) \| Respond to of 99985

Good morning everyone. I have only read the last 40-50 posts. I will catch up later today. Again, I want to say what a wonderful opportunity it is to have access to the posters who regularly contribute to this forum. Yesterday was one of the most profitable days for me on paper. I did not sell my few puts because I do not think this is over. On Monday I went on record as saying we would crash this week, after crying crash in general for about three weeks, so I am not jumping on the bandwagon. I only want to say this morning how bizarre the coverage has been thus far. Some of you guys really nailed how this would unfold. Overall, I sense the spin doctors are trying hard to put in a sentiment bottom. There are many stories reporting a sentiment similar to the following from Reuters this AM: ``Today gave back the final bit of frenzy that started last October and broke the back of the complacent investor,' said Scott Bleier, chief investment strategist at Prime Charter Ltd. I don't think so Tim. We have only begun to nibble at November's gains, let alone October's. What I sense from the other boards goes along these lines: God I am glad I am a daytrader. Yea, the long-term account has taken a bit of a hit, but it will come back soon. Well, I lived through my first crash. Not so bad. I do think things are a little overdone now. I am buying X, Y, and Z and will be looking to accumulate various others next week. If we do not capitulate next week, I think the bounce will attract buyers from this new crowd of "smarter than the average bear" types who saw last week as a pic-a-nic and a minor Boo-Boo along the path. (Sorry, could not resist :) --Allan

To: HairBall who wrote (46448)	4/15/2000 11:05:00 AM
From: marcher	Read Replies (1) \| Respond to of 99985

LG, did the ebrokers handle yesterday's volume effectively? i haven't heard of any problems... --Marc