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

To: Les H who wrote (64781)	12/20/2000 1:29:29 PM
From: Casaubon	Read Replies (1) \| Respond to of 99985

well, I wasn't jumping up and down but, I did think it would occur. And, I did act upon my analysis. And, I lost...

To: Les H who wrote (64781)	12/20/2000 1:47:03 PM
From: KymarFye	Respond to of 99985

Actually, to the credit of the board, I think the clearest statements were on getting short before the announcement. Wonder how many had the cajones to do so in face of the pre-announcement fantasy-rally. All I can say for myself is that I stuck to my policy and got flat. Only the trading rules I've learned from others (like letting the market come up to buy stops rather than rushing in at notional "bottoms") have saved me from getting killed by my own overoptimistic prognostications. I've been expecting a sustained rally for seems like months. I may be dumb, but I'm not stupid. Otherwise, I'm sure I'd have wasted untold bucks buying calls at the October "lows."

To: Les H who wrote (64781)	12/20/2000 1:58:17 PM
From: Techplayer	Read Replies (1) \| Respond to of 99985

dropping like flies...new highs/lows.. www2.marketwatch.com

To: Les H who wrote (64781)	12/20/2000 2:07:02 PM
From: Ron	Read Replies (1) \| Respond to of 99985

This market is just too dumb to bottom. We are approaching 2300 in the Nasdaq and still I see no widespread fear and loathing. It will be interesting to see just how low we have to go, how many more margin calls will have to mount up, before a true bottom is reached. By true bottom, I mean a state where there are no sellers left, and no one wants to buy. In the meantime,except for a few long term holds like CREE, I am daytrading only. Anything else is just too risky in this market, imho.