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


To: bobby beara who wrote (51490)5/21/2000 12:59:00 PM
From: jmootx  Read Replies (1) | Respond to of 99985
 
Good post bb

Reality seems to elude most of us. All of us are honestly being cherry picked by the market recently. Half my calls are wrong lately, as are by most others. That fact alone signals a key reversal in the once mighty bull market. But then again, that call might be wrong tomorrow and we run to new high's.
Out- just about any trading patterns set up by the bull market over the last 15 years. Even bearish patterns do not behave as expected.
In- some real hard work figuring out if this is a real bear market, something that never repeats the same pattern as any previous bear market.

jmootx



To: bobby beara who wrote (51490)5/21/2000 1:20:00 PM
From: LTK007  Read Replies (1) | Respond to of 99985
 
bobby beara said<<that said, there seems to be enough bearishness on this thread short term for a st rally.>> off hand,do you know if thread had an overall bear slanting,going into the week of 4/10?i think this would be a good measure of thread indicating abilities:) o.k.,going into the week of 4/16 we were tending towards apocalyse view,but that would be expected(plus my paranoid side thinks project plunge control saved the day on 4/16:).max



To: bobby beara who wrote (51490)5/21/2000 4:44:00 PM
From: johnsto1  Read Replies (1) | Respond to of 99985
 
My first post here. In reading all your technical opines I decided to express one not so technical. Which is as follows: Technical charts & PEs have no way to value "Revolutionary Technology". But I will tell you what does and it's what International Companies are willing to pay for this Revolutionary Technology that they don't have and need. Based on this,VRIO was bought for 5 billion cash by Japan company,LCOS $96 a share by Spain company,This confirms what I already know to be fact; <that American Technology companies are revolutionary and extremely under valued and in limited supply on a Global scale.