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


To: 10K a day who wrote (78012)6/5/2001 1:02:32 PM
From: Eddy Blinker  Respond to of 99985
 
Creaming up the know all, petty minded SI shorts in the process..



To: 10K a day who wrote (78012)6/5/2001 4:59:29 PM
From: Ted Downs  Read Replies (1) | Respond to of 99985
 
Nope dude.
I think the fear is gone.
I think the buyers are pissed.
And the Sellers are weak.
Mind game.
And the houses are short.
That's my Karma Analysis.
And i'm stinkin' to it.


Didn't you do that ad for priceline? or was it you performing in coffee houses in the late 60's.



To: 10K a day who wrote (78012)6/5/2001 6:21:36 PM
From: t2  Respond to of 99985
 
impristrine,
I agree. I would add that mutual funds own too many oil stocks and many defensive sectors.
Oil looks to be peaking; check out the big increase in inventories tonight in oil/gas. They will be bailing out before a bubble gets to form in oil stocks.
Like I have been saying for a while, Energy bubble (or overcapacity at least) developing as they are spending like crazy on energy; too many have the internet bubble very fresh in their memory and will bail out fast, fearing one in energy.
We know what happens when there is a mass exodus from one sector and this time we won't really get to the peak unlike the Nasdaq of last March.(imho)

What are they going to buy? Techs, techs and more techs.
Whatever is underowned.
Meanwhile the shorts---"commercial" or not, doesn't really make a difference to me (a short is a short) are going to get nailed.