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


To: HairBall who wrote (50885)5/16/2000 9:50:00 AM
From: Crimson Ghost  Read Replies (4) | Respond to of 99985
 
This still looks like a continuation of the front running of the anticipated post-FOMC rally. The close today will be VERY INTERESTING.



To: HairBall who wrote (50885)5/16/2000 9:51:00 AM
From: the Chief  Read Replies (3) | Respond to of 99985
 
All "gut feels are made up of fundamental and Technical analysis. The reason I state "my guess" as a guess is because it is a guess. the fact that i don't support the theory with colorfull graphs which don't do anything but contribute a minute snapshot of a huge picture should be irrelevant.

However, if you insist that one goes into a lengthy diatribe as to what makes up a decision, when that decision has been built by following every moment of the market from its opening to its closing everyday for the last 13 years, then I think I will bow out of your discussions.

You are the thread originator, so if thats what you wish, no problem!

the Chief



To: HairBall who wrote (50885)5/16/2000 10:14:00 AM
From: Mrjns  Read Replies (1) | Respond to of 99985
 
How can "the market knows it's lower" be anything more than a gut feel.

It, to me, is inference based on the market behavior the past few session with a healthy dose of conspiracy theory.

Kudos to the chief for all the correct calls - Hang in there Bull (?Sitting <g>)

Sorry no colorful charts !

Great thread, Great minds !!