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


To: Trumptown who wrote (48264)4/26/2000 8:53:00 PM
From: LTK007  Respond to of 99985
 
<< Now let's do the math...what happened last time everyone 'knew' what the market was going to do..>> well i don't feel we are AS SURE it is going down as we were(4/15 and 16):) i think the "sureness" indicator contains an abundant amount of "if this happens" verbiage.max



To: Trumptown who wrote (48264)4/26/2000 8:55:00 PM
From: Mike Harkness  Read Replies (1) | Respond to of 99985
 
SR, Yes it seems everybody is bearish on this thread. But don't take that as overall sentiment. If you go to other threads the sentiment is "buy the dips". I also believe that if the market exploded to the upside on expanding breadth, everybody on this thread would change to bullish. Just my opinion.

Mike



To: Trumptown who wrote (48264)4/26/2000 9:00:00 PM
From: Benkea  Read Replies (1) | Respond to of 99985
 
Sting-Ray:

And I thought it was me. Everyone is expecting schitty numbers tomorrow AM and an ensuing sell off. That NEVER happens when expected.



To: Trumptown who wrote (48264)4/26/2000 9:30:00 PM
From: bobby beara  Respond to of 99985
 
>>>everywhere 'knows' the market's going lower<<<

put/call ratio on yesterdays rally was .41, doesn't look like option players yesterday "knew" the market was going lower, else they would have been shorting the rally, not buying calls.

b