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

To: craig crawford who wrote (67254)	1/19/2001 8:35:12 AM
From: HairBall	Read Replies (1) \| Respond to of 99985

craig crasford: All points of view are welcome on this thread. But you showed up and went on a rant. All anyone has to do is see the posts list for this thread and then read your post. I told you I had a short fuse for this crap... LG

To: craig crawford who wrote (67254)	1/19/2001 9:14:39 AM
From: JRI	Respond to of 99985

This move may have a lot to go (in the short-term), but if I follow your logic, since we have now (as of yesterday's close) broken the downtrend line since September (and despite the very good momentum going into today) couldn't the market (according to your argument) pullback as soon as today (?!), and still fulfill your premise (ie., we had to break the downtrend FIRST before going back and basing) Is that really so inconsistent with what most have posted here? I don't think so... Also, if you've been following LG (as you say), you'd know he loaded up from COMPX 2300-2500 (and told folks he was at the time)...rode it nicely too (albeit some trading activity starting end of last week)...so he benefited greatly from the move, no doubt...

To: craig crawford who wrote (67254)	1/19/2001 11:37:58 AM
From: Death Sphincter	Read Replies (2) \| Respond to of 99985

those are some pretty fast fingers you've got. machine gun posting. I think you replied to each post in a concise, polite and logical manner and I happen to agree with you. Parabolic spikes, like NAZ to 5100, result in hard and heavy selloffs...and in turn this leads to sharp and violent rebounds. The real ranting and raving is being done by the "Flecksteins' of the world when they can't handle the 'game'. Did the NAZ/market go to extreme valuations? certainly. Did it get a deserved haircut? certainly. will there be more? probably. does it have to happen RIGHT NOW? not necessarily. does price action go in 2 directions?DUHHH! can you trade both directions? some can and some can't. do people whine and complain because they were long at the top and procrastinated on going short until it got near a short term bottom? yes....and then failed to cover their shorts or attempt to get some long action? yes are you ranting and raving? not in my book---you just have fast fingers stinking along