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


To: dennis michael patterson who wrote (50425)5/11/2000 10:17:00 PM
From: bobby beara  Read Replies (1) | Respond to of 99985
 
dennis, i disagree, at the bottom or in the bear, the bears are hero's, at the top, bulls are hero's, don't say that anybody "has it" , because they may have it during a period of the market that fits their particular use of indicators or bias, there can be no market guru, because the market changes stripes and people are not chamealeon's (i don't think i spelled that right -g-)

b



To: dennis michael patterson who wrote (50425)5/11/2000 11:28:00 PM
From: el paradisio  Respond to of 99985
 
Dennis,<And you have it>And Bobby has it.For now everything
looks bullish again, a question is ..how long???
Did something has changed overnight? Looks to me,investors have a very short memory, not to call it amnesia.
It will be for sure the first hiccup on Nasdaq at 3600,
we will trade above or below that value in the near future.

Dow, bullish as well but resistance around 10,600 is clear.
I would suggest to take it day by day until we have the final brake up on a good volume.
A buy signal from yesterday still active.
el