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


To: iod_sherwood who wrote (69000)2/12/2001 12:32:04 PM
From: JRI  Read Replies (1) | Respond to of 99985
 
Between now and Greenspan's speech, wouldn't you expect more short-covering then usual, just in case Greenie says something "liquidi-dippy"...

I dunno, but given all the money some have made shorting JNPR, BRCD, BRCM, etc...I'd think you'd want to step out of the way...let the thing rise again....and then start the (shorting) process over post-Greenie (and after AMAT/DELL forecasts' out on Tuesday)...

Just musing...that's my logic for a (brief) rally...even if ticks aren't showing it yet..

Illogical?



To: iod_sherwood who wrote (69000)2/12/2001 12:40:43 PM
From: Kemo Sabe  Read Replies (1) | Respond to of 99985
 
iod_sherwood: There's nothing 'wierd' about investing, and please don't call me 'dude'.

The long-term trend is up, as the AllanAlias' chart clearly depicts. What's happening now needs to be taken in that context. Investors should take advantage of opportunities like this - I'm not speaking about speculators. These pullbacks to the lower trend line of a major trend line don't come around very often. If you look out 12 months after every one of these pullbacks, you will see that those who took advantage of that pullback situation - what ever the cause (asian financial crisis, etc.) were rewarded richly.

That's not 'wierd' reasoning. Have a nice day.

Kemo Sabe