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

To: bobby beara who wrote (72783)	3/19/2001 10:32:41 PM
From: NucTrader	Read Replies (1) \| Respond to of 99985

>>because my counts are now lining up that we put in a bottom today for a nice rally.<< Bobby B! You don't believe your own counts, do you?!?? Don't you believe all that cycle stuff, which says we have cycle lows coming the latter part of this week, with a low on the 23rd (+/- 1 day). Huh?!? ;-) All kidding aside I could see us going either way the rest of this week. IMHO it's not a good "risk/reward" to move in front of the Fed tomorrow in either direction....

To: bobby beara who wrote (72783)	3/19/2001 10:40:51 PM
From: gc	Respond to of 99985

I hope you are right, although I disagree with you. IMHO, more likely than not, we will have 50 base point rate cut tomorrow and that will certainly disappoint the market. And then we begin to enter the mother of all warning seasons. Too risky to bet on the long side.

To: bobby beara who wrote (72783)	3/19/2001 10:47:19 PM
From: Stoctrash	Read Replies (2) \| Respond to of 99985

Bobby...you getting soft? Must be getting a lot of action at home, or what?<<GG>> I think today was just what we needed to sucker in some clueless buyers trying grab that knife. Now think about this one, consumer conf. was up last month...what if Greenspam does .25??? Ouch!!!