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


To: Techplayer who wrote (55070)6/22/2000 11:44:00 PM
From: el paradisio  Read Replies (1) | Respond to of 99985
 
Techplayer,yep...SONS...good for a daytrading.We are forgetting about one important aspect...
A psychology of the crowd.
As long as gamblers have gains,the game is not over. Imagine,someone did today 50% on RMBS. He/She,will be looking for another RMBS,or SONS.
I don't like to stay in front of the screen,doing nothing.
When,I see them running,I am buying...
Market is one thing, short term investing in high flyers is another thing.
I forgot to answer your question about networking:
<el paradiso, during each of the last 2 years, the networkers peaked in mid July before tanking for a month or so. Do you expect the top to be brief before resuming the trend of previous years or do you see the top as being early when compared to previous years? Thanks, tp>
I think,the short term top was in this Monday and today was the 2B top.The trend on NWX is still up and we may see one more run to the top.
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el