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

To: TheKelster who wrote (47414)	4/20/2000 9:14:00 AM
From: TheKelster	Read Replies (10) \| Respond to of 99985

Having scanned through a large number of posts in medium to small caps I have this conclusion. The bottom is not in. There are far to many newbies with large portions of all the spare cash they have still holding many hard hit stocks. Some still buying. Many of these stocks will prove to be worthless. Still hope lives on strong in the posts of many. Countless posters speak of averaging down over and over. I cite one example of a poster averaging down 4 times from 24 down to 8 per share. The bump up we have had the past few days has too easily incited the many into posting rah rah happy days are here again. Only when this vast crew is damaged beyond repair will we know the bottom is in. When price begin to rise again in the future and there is no one there to cheer we will have the beginnings of a new bull.