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

To: Benkea who wrote (52976)	6/3/2000 2:28:00 PM
From: Stephen	Read Replies (1) \| Respond to of 99985

Benkea, 'the experts are a bunch of mindless clods that are the herd' - now ain't that the truth !!!. I won't be long before we start getting the $200 target for a 'must own' $20 'nut stock soon ... We may get a pull back early next week .. but the sentiment is changing and even as the indices were struggling, many of the top tier Nasdung story stocks haven't looked back since their lows a few weeks ago. I've entered a few positional longs, though I'm still 70% cash and will be looking for entry points next week. I think we've started the retrace and am looking for around the 66% mark ... At which point I'll exit. JMHO ... so we'll probably tank .. LOL Have a great weekend everyone ... and ...I maintain my position that the market is just a trading forum ... and has little to do with investing. Fundamentals may catch up with it someday .. but no ones really interested - just whether anything bought can be sold for a higher price.