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


To: HairBall who wrote (47645)4/21/2000 8:29:00 PM
From: Chris  Respond to of 99985
 
****** CHARTS OF COMP AND CSCO ******

Message 13475201

Message 13478836



To: HairBall who wrote (47645)4/22/2000 1:14:00 AM
From: el paradisio  Respond to of 99985
 
LG et ALL, please keep posting!
This is normal psychological reaction.
If someone recently lost 70% in small caps,he wants to see a little green light in the near future.
I understand it and I am really sorry for those investors who lost the fortune.
On another hand,reality can't be changed.
BTW.My average on WCOM is $15-20 and as long as it holds 40
upside is very likely,just my opinion.
Regards,
el paradisio



To: HairBall who wrote (47645)4/23/2000 1:36:00 AM
From: David Lee Smith  Read Replies (1) | Respond to of 99985
 
The MomentuMonkey model changes its target daily to respond to market conditions. It seeks to give investors a since of market risk. It has both elements of value and technical momentum. When momentum improves, the price target increases...when momentum declines, the target decreases. In addition, every quarter when all earnings are released, the model will change its target.

Not a prophesy, just a tool. I have found that when the Monkey shows a target 15% or more below the current market level, we see a sharp and steep correction. Currently the model at -14.7% is almost there!! Before last week's crash it flashed a +15% type of reading.

Should the model turn positive, I would expect the market to be much cheaper than it is today.

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