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


To: Haim R. Branisteanu who wrote (65584)1/2/2001 2:22:33 PM
From: Stephen M. DeMoss  Read Replies (2) | Respond to of 99985
 
Haim, I thought the cleaning of the books took place before the old year was up! First it was said the institutional selling is generally complete end of october, then we have it moved to last week and now they need one more day<G>! It seems to me that all of us, including institutions are all guessing. I have a good friend who got sick of it all and gave his sizable money to a professional with a good track record 4 weeks ago. That broker bought some of the good tech companies that Joe 6 pack buys ie. Jdsu at 70, Sunw at 40 etc. Look where those companies are now! Seems if one can hold on till those rate cuts come and the trend to change, we will recoup allot in a relatively short time. However, near term, it is tough visualizing better days! Good luck (we are back to our lows as I type!). Steve D.



To: Haim R. Branisteanu who wrote (65584)1/2/2001 2:33:56 PM
From: bobby beara  Read Replies (1) | Respond to of 99985
 
haim last week even some of the bears were singing this tune -g-

bears better watch out,
bears better not cry,
the january effect (now defect -g-)
is gonna make you fry,
abby and joe fat and da chief,
izza commin to town.

lol-

when i said friday the nas was headed to new lows this week, i didn't think it would do it on the first trading day, i'm short covering 2/3rd's before the close today.

happy new year - b

ps, still no charts, haven't seen anything that looked good other than the nwx and bdh charts i posted friday am.