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


To: bobby beara who wrote (50435)5/11/2000 11:57:00 PM
From: Techplayer  Read Replies (3) | Respond to of 99985
 
bobby, I am a late 30 something, but am neither a bull or bear. I have owned a few inuts and won and lost. Most of my holdings are presently solid, growth companies with international breadth and a market that will not be diminished in a slowdown (networkers, internet infrastructure, etc.).

By the tone of your post, you feel a bit superior to the younger people like myself that have instantly achieved 7 figure accounts and did not have to spend years and years of hard work to accomplish it. Despite that, I respect the opinions of the people on this thread, especially yours and that of The Chief recently as the content has been even and analytical. that is what I was and am looking for.

For you to say that I do or do not understand is quite frankly, out of line and clearly premature since you do not know me. Most of the analysis of a market direction is a mix of speculation, sentiment, educated analysis and comparative datapoints in history. None of this is an exact science, so how can anyone be wrong or right prior to a specific occurence?

this is not Japan (despite all comparisons, the real estate pricing now does not come close the the speculative nature that the Japanese exhibited then), nor is it 1928 or 1929. Technology is NECESSARY to every company out there. there will be tremendous growth in certain areas of the market. The trick in my opinion is to not only analyze market direction, but also to determine which companies and technologies are bear proof over the long term.

Lastly, I am not saying that the pundits now are right or wrong. I simply point out that this story has been repeated for several years and has been proven to be premature. Perhaps at this juncture it is not. We shall see. At this point last year there were signs of inflationary growth and productivity decline. That proved to be an aberration for a few months. Perhaps it is a seasonal event. We really will not know that until the fall, so at this point i will continue to follow those on this thread looking for a trend.

Thanks in advance for your continued market insight. TP



To: bobby beara who wrote (50435)5/12/2000 2:27:00 AM
From: patron_anejo_por_favor  Read Replies (1) | Respond to of 99985
 
<<what you guys don't understand, is that stock prices and businesses are two separate entities, especially in times like this.>>

This point has been so consistently ignored in the past 2 years by the masses and the media. The market has a way of reminding.....

<<when everybody is a techplayer, and everybody LOVES tech, prices are pushed up into a position of massive supply (every body loves it and owns it)>>

Yes. Tech stocks (and real estate, but I won't go there)

<<i don't know if they can top the everybody loves it theme with 90% in rydex tech at the march top -g->>

This will be the all time record for the rest of my life, at least. <g>

I'll try to stay on topic from here on out, as this isn't a bear thread (but if the market direction is DOWN and it's the Market Direction Discussion thread.....).

Techplayer...if you need to diversify, check these out:
207.61.23.98
207.61.23.98

Man does not live on chips alone (or fiberoptics, for that matter, LOL!)