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

To: $Mogul who wrote (68826)	2/9/2001 7:38:52 PM
From: KevinMark	Read Replies (2) \| Respond to of 99985

I'm glad to see that you waited all week to post that. I'm always man enough to admit my mistakes, and did so along time ago as witnessed by the following comments in my post below. >>>Therefore, if 2500 doesn't hold then all bets are off. I was expecting more of a short-term rally, before the bad news came knocking (witnessed by the unemployment data today). But, I suspect if we do see 2200-2300 soon, it will be bought and we should have a pretty nice rally to the upside, before more economic data filters in at the beginning of March, that suggest we are presently in a recession. Next week will be very interesting to see if investors buy the dips. Let's see what the remainder of the month brings. <<< Message 15292024 I have profited tremendously trading the ups and downs this year, and for the most part, my calls have been stellar other than the one you so happily pointed out. It is you who stated "THE DOW WOULD NEVER CLOSE ABOVE 8750, AND THE COMPX WOULD NEVER CLOSE ABOVE 2700" Message 15107019 If you would like to continue this childish game of pointing out who's wrong and who's right, then be my guest. My take has always been bearish overall with a short-term bounce to start the year off. I believed we would rally above 3000, before seeing the final meltdown. The month still has approximately 3 weeks remaining, so we shall see what happens. I have always felt that we would end up in a recession, and have several posts to indicate my thoughts on the issue. You know it and I know it, so if you need proof for old times sake, I will provide that too. KM