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


To: t2 who wrote (77919)6/4/2001 4:33:48 PM
From: eichler  Read Replies (1) | Respond to of 99985
 
NV,

<Very interesting.>

Not a problem. Also, I don't mind being laughed at. I laugh enough at myself. Helps keep me from taking myself too seriously. ggg But let's revisit this in about a week or two.

I'm not a perpetual doom and gloomer. I've been known to ride speculative and shaky investment vehicles as they do their
up and down thing.

The main thing for me is just to be aware that there is always "argument" for every possible market outcome, whether up or down.

What I am focusing on now is the weekly $compx chart, the fundamental reasonings are besides the fact of the chart action. The weekly chart looks very much to me (as I have already stated) that it is topping and turning down. If I am wrong, so be it. Also, if it turns out I was just Chicken Little in disguise, I won't cry about missing out on all those rally profits you are expecting. I think the F.M. date of 6/6 is a likely turn date, if that indeed occurs. The truth is that when I think the chart is telling me something, I will focus on the factors which support that bias. Right or wrong, that's how I function. Interesting or not....ggg

Regards,
Eichler