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


To: bobby beara who wrote (66523)1/10/2001 11:55:52 PM
From: KymarFye  Read Replies (1) | Respond to of 99985
 
50 - 100 more basis points is already simmering in the stew. Not getting 50 - 100 more would take lots of good or lots of bad stuff that's not in the pot, not even in the kitchen. You've got old dudes in suits everywhere saying the sky has not only fallen, but is already halfway to the ground. Of course, they may be right, and we may roll over again. I'll readily admit that we've shown ourselves to be real good at that. Heck, I'm no perma-bull... I think the most I've been in, for longer than a day, for months, is 20%



To: bobby beara who wrote (66523)1/11/2001 12:11:30 AM
From: marginmike  Read Replies (1) | Respond to of 99985
 
rydex is signaling you are right to be bearish

Message 15161471



To: bobby beara who wrote (66523)1/11/2001 9:28:36 AM
From: el paradisio  Read Replies (1) | Respond to of 99985
 
Short term top in telecom is coming...5 waves are almost done,
but long-term...this is first wave up. I'm tracking WCOM and it looks,that any pullback to 17 1/2-18 is the next buying point.

NDX=WCOM divided by 100 with 3 month delay...

If you take CSCO,QCOM,YHOO.. in % of NDX and the recent downgrades...you should see,that the worst is almost over.
Regards,
el



To: bobby beara who wrote (66523)1/11/2001 12:24:58 PM
From: eichler  Read Replies (2) | Respond to of 99985
 
Aw shucks, bobby
You turnin back bearish again? U cud b rite, but right now
I still like the fact that the crappo stocks I've been watching since the end of '99 which have all but shriveled up and blown away are making technical comebacks on their charts. Truth be known, there is no good reason for these
instruments of manipulation to rise, other than they are severely beaten and that maybe the tide is once again rising and even these little outriggers seem to navigate the waters just fine, once there's some water to navigate.
I'm taking the criminal thinkin course here, now that the
Pavlovians have been properly conditioned to sell the two-day rally (3 days up - whatzat?), now is the perfect time to blow the shorts outa da water, so the longs can be set up again
for more fleecing. Longs are too skitish and fearful these days, gotta coax 'em out into the open with some scraps left out on the trail.
BTW - those Rydex numbers have gone wacko lately, hard to rely on something that flip flops back and forth like a weathervane in a hurricane.
So, ya like my pp jamaican accent? If it's worth doing, it's worth doing pp! Besides, I've been taking lessons from a Master.......you! GGG
Regards and Good Trading, buddy bear.
Eichler
(3 crappo stocks I got a play on now are lscp, cici, dstr...
all look on the charts ready for nice % gains, for no apparent reason. Is this a great country, or what?)
Maybe the sequel to this ditty is, when will I ever learn?
coming soon to a thread near you...GGG