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

To: Boplicity who wrote (62034)	11/8/2000 2:36:10 PM
From: eichler	Read Replies (1) \| Respond to of 99985

G That's the funny part of FA, it is hard if not impossible to decide from which angle you wish to perceive. The beauty of TA is you simply sell the break of the rising wedge, start looking for fib retracements down below on various timeframes to be aware of potential targets. You get to ignore the election hoopla and itz myriad complications and projections. Mr. Market has a mind of its own. I'm not berating the value of FA (the reason behind the TA), only that FA has better probability of sucess long-term, TA is far superior short term. I would not ignore the probability of a rally within the next couple days. I guess what I'm trying to say is "the logic behind the selling today" is only applied 20-20 rear-view vision. Mr. Market decides what "logic" on what day to follow. <gg> Regards, Eichler You got a good riddle...

To: Boplicity who wrote (62034)	11/8/2000 2:42:16 PM
From: Casaubon	Respond to of 99985

Message 14755885

To: Boplicity who wrote (62034)	11/8/2000 4:01:06 PM
From: c.hinton	Read Replies (1) \| Respond to of 99985

There is Uncertainty about everything,energy,debt,war in the ME,slowing profits,inflation,deflaton,you name it.The future is no longer clear in the minds of investors.Big names can fall 10,15,20,30 percent in on day then recover only to fall again.Last year you bought on the news,this year you sell.The market is fickle, like a feather on the wind.That is only logical because so are people.

To: Boplicity who wrote (62034)	11/8/2000 4:49:47 PM
From: Tunica Albuginea	Read Replies (1) \| Respond to of 99985

Gregory: Why is the market dropping? A few thoughts: Suddenly, the New Economy is faltering: A Danger Zone for Dirt-Cheap Net Stocks businessweek.com And Jubak points out that : “ Debt woes reach out and squeeze The Telecom sector : " the lifeblood " of The New Economy: moneycentral.msn.com Not only that but “ Cash Crunch Threatens to Slow Optical Network Buildout “, the jewel of The New Economy thestreet.com So then Cisco, Lucent and Nortel become : Prime Lenders for the Network Buildout sort of …Vendor of Last resort… thestreet.com Thus because Liquidity and The Economy move in lock step somebody asked if money is coming in or leaving CSCO, Lu, NT,? And the picture showed up that money is leaving: interactive.wsj.com. interactive.wsj.com. So suddenly….The Money Effect …assumes primary importance: Message 14737492 And we find out that….: Liquidity and Markets: This Time It's Different : Money IS moving out Message 14737185 And so lo and behold somebody just yelled Fire Fire, in a crowded theatre: Get out! Get out! Whoever you are! moneycentral.msn.com Whereas somebody else said the same thing in a more Pensive, philosophical vein: The Oracle of Dow......The Bear is coming Message 13861774 So that finally, after all the beans wwere counted, it looks like we are heading… for the poorhouse again……at least for a while…….. And funny also, the same thing seems to happen every few years, Or as somebody said: There is nothing new under the sun, Cheers TA ====================================================== Message #62034 from Gregory Mullineaux at Nov 8, 2000 2:21 PM could someone riddle me this? What's the logic behind the selling today? I don't want a TA reason, I want a reason behind the TA. Election uncertainty factor seems misplaced. What are they worrying about? Gore can't be that bad for the market. It would seem that the October selling was more then the normal selling we get that time of year based on what appears to me to be an over reaction we are getting today and that we haven't seen the low yet. I suppose the real tell will be when the election is decided.

To: Boplicity who wrote (62034)	11/29/2000 11:55:48 PM
From: HairBall	Read Replies (2) \| Respond to of 99985

Gregory M: In reply to you post on the porch. I am a chartist that is what I do. Every time I try to front run the charts by assigning an event trigger in advance, I usually regret it. It causes me to have a bias. I'll leave the after the fact of assigning the reasons why, to the talking heads. Of course TA should not be used in a vacuum, as it is only prudent to supplement the charts with FA. In practice charting is nothing more than a graphical representation of the history of investor psychology and behavior. One can extrapolate from the graphics, patterns, trends lines and trigger points. When those extrapolations are properly combined with technicals based on price, volume and time, one can make high probability decisions. Of course, one should couple the above with a sound trading/investment money management strategy. Regards, LG