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

To: Benkea who wrote (50649)5/13/2000 2:54:00 PM
From: Monty Lenard  Read Replies (1) | Respond to of 99985
 
Talk about smart investing. That is a great reason to pay more that something is worth. Kinda like my dad buying some seat covers for the car. Years ago he bought some seat covers for the car ... now they wouldn't fit the car but they were just too good a deal to pass up.

Monty



To: Benkea who wrote (50649)5/14/2000 4:13:00 PM
From: sidney-8  Respond to of 99985
 
Sure the market can go down, but look back at the last peak in '87. We just keep moving on up. Buy and hold. -s- ...as if '87 were one cycle period from where we now stand. hohoho.

There is good reason for caution if we are still within loose monetary policy. A bullish reversal could be ferocious. This market still has 2 possible directions... but I'm still betting down. Maybe we'll get a little PU on the barbee Mon night.

mike


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