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


To: American Spirit who wrote (76178)4/29/2001 10:07:36 PM
From: alanrs  Read Replies (1) | Respond to of 99985
 
I must admit that when I first ran into your posts my instinct was to write them off as just another rah rah rant, but have seen that there is a lot of substance behind your opinions when you are pushed to defend them. Now that I know that, I pay more attention to your opinion even if you don't fill in all the blanks. While I would never use your recommendations (or anyone elses') as a substitute for my own judgement about my own money, I do appreciate your posts. JM$.02

ARS



To: American Spirit who wrote (76178)4/29/2001 10:36:14 PM
From: Abner Hosmer  Read Replies (2) | Respond to of 99985
 
I enjoy this thread a great deal, and that makes me quite thankful that SI was kind enough to add the "ignore" feature to their software. I will add you to my brief list, where you may keep company alone with Bon Jovi.

If you are an adult, one wonders how you've come to have such a grossly overblown sense of your own importance. Your posts are very dull and uninteresting, as well as uninstructive. Whatever your age, one suspects that you've had remarkably little experience of life.

Post as you wish, but please don't imagine that anyone places much weight in what you have to say. To most of us, I suspect, you are more on the order of a nuisance and an embarrassment, endured much as a spoilt child would be, if he happened to be the offspring of one's host.

regards -



To: American Spirit who wrote (76178)4/29/2001 11:10:09 PM
From: Vitas  Read Replies (2) | Respond to of 99985
 
>The tide has turned<

The tide may turn...but it has not actually turned yet.

If you look at this chart of the Nasdaq, it still is in a downtrend:

stockcharts.com[l,a]daolyymy[de][pb50!b200!a645!d20,2][vc60][iLe12,26,9!Lh14,3!Lq3,10!Lg!Lo14!Lf!Ln]

If you look at these charts:

lowrisk.com

the drop big from 5000 Naz to 3000, the subsequent rally,
then rollover from there, we are still in a downtrend.

If you look at a stock like CPQ that is trading at a PE
of 80 plus, we are clearly still massively overvalued -
it would take decades of growth to justify paying that kind of PE ratio for a stock that has declining earnings.

Of the limited universe of stocks that I follow, all NYSE listed that have the highest volume, IBM, LU, and XRX have just triggered tick money flow divergence sell signals. (my fav is IBM at 118 - 120)

Hold your nose, and let's see if you can beat the pattern.