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


To: marcher who wrote (56615)7/15/2000 12:03:00 AM
From: bobby beara  Read Replies (2) | Respond to of 99985
 
Thanks marc, cnet worked the best -g-, now i think we are getting very close to a top, the internets may run a little more in expiration, they may still have some shorts to cover, but a lot of the extended stocks look very close to topping, and as george just posted, we matched the peak in rydex optimism of march 10th today, there are lots of short opportunities developing in charts that are rounding up and going vertical.

Monday is a 55 day turning point, they don't always work, but the put/calls, rydex are saying it's a good shot, oh ya, the giddies on wsw too -g- ralphy just nixed the whole bull thing by saying new highs in nasdaq -ggg-, oh ya and Haim mooned the market -ggg-



To: marcher who wrote (56615)9/12/2000 10:41:37 PM
From: marcher  Respond to of 99985
 
okay i'll take up the space of a post...fwiw (a cigar ring, maybe) bearx chart looks like it's gonna continue up for 2-9%--broke a down trend line and is looking for 3.80 first...of course i am the contrary indicator so...

btw les: thanks for keeping this thread going!

best of luck
--Marc



To: marcher who wrote (56615)9/27/2000 10:55:14 PM
From: marcher  Read Replies (1) | Respond to of 99985
 
Well, looks like bearx took out 3.80, now going to try 4.00...me thinks bearx will fail at 4.00 and the market will reverse to upside. as always i accept my role as the contrary indicator -g-

--Marc