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

To: KymarFye who wrote (67655)	1/25/2001 8:11:14 PM
From: eichler	Read Replies (1) \| Respond to of 99985

Kymar <maybe 2525(if man is still alive)> LOL ....now where have I seen that before???? LOL Nice short play on EMLX, Kymar. I think it is the "shorter's" turn to have some fun now. Always seems that the upmoves come in bits and pieces, while the downmoves come in big chunks. So while the longs get to play longer, the shorts get their rewards faster! EMLX daily chart is quite sloppy looking, hard to pinpoint references for fib. retraces, but I think it is safe to say, lower prices ahead. Weekly chart looks cleaner, showing a clear double top (3/27/00, 5/25/01). Lots of room below on that one... Beara's got that one nailed cold. Like he said, "there's a time for everything, emlx is ripe" Ripe, it is.... I think your comment about the Fed being ready, could help put a floor under the drop, set up another dramatic snapback will prove quite prescient. Never saw that expression "Noise Traders" before. LOL I'll trade ya some freeway noise for some crashing surf noise, OK? ggg Regards, Eichler

To: KymarFye who wrote (67655)	1/25/2001 9:15:35 PM
From: bobby beara	Read Replies (1) \| Respond to of 99985

>>>your timing was off a couple of days.>>>> ya i hate wen dat happens -g- i thought the bullish sentiment was screaming sell for well over more dan a week now, but i probably did not take into the level of bearishness in december, would take some screaming bullishness on the op end, rydex #'s went bonkers capitulation. my belief is that on every rally off the sept top, we are topping out the last of the bubble stocks, jnpr and brcd were late toppers in october, emlx is a late topper on this countertrend rally, are there another others like emlx around that you know of that are near or have made 52 week highs on this jan run? b b