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

To: stockman_scott who wrote (71804)	3/11/2001 11:43:08 PM
From: bobby beara	Read Replies (1) \| Respond to of 99985

IMO, the 'markdown phase' has ALREADY overshot.>>>>> people have been saying it for months, and i believe we are close to the overshoot period, but in the final stages of the bear blow-off phase, the longs will lose as much as the shorts lost on the final bull blow-off phase. there is no need to catch the knife and risk taking another possible giant haircut, when u can let somebody else do it for you and you can jump on when the market starts back up. the parallel channel from fomc is in a power trend, how many people have called the bottom on this thread over the last month, one tonto even claimed about three weeks ago he was loaded up, was gonna sit in his hammock with tech stock riches and mdd dreams, and wanted us all to heap praise on him for calling "the bottom" -lol- while i doubt this will happen, but what if your early and the market takes another giant haircut and doesn't do a V bottom like we are so use to and just sits their in a flat trading channel for months.