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


To: Eddy Blinker who wrote (78137)6/7/2001 9:05:25 AM
From: Zeev Hed  Read Replies (2) | Respond to of 99985
 
When the Great Perma bear, Pretcher is joining the bull camp, I would tell the bulls, "beware".

Zeev



To: Eddy Blinker who wrote (78137)6/7/2001 9:15:34 AM
From: t2  Read Replies (1) | Respond to of 99985
 
Nasty looking Bearish chart patterns will be repeated!
(creative bookkeeping is not dominating the field yet)

NewVision, I admire your steadfastness in your optimisms
about present situation.

The bears are already giving out party hats.


The "nasty looking bearish chart patterns" is why I am bullish. There will too many traders that lean the same way and I cannot imagine the pattern repeating....mainly because of changes mainly mutual fund holdings.

Well, if the bears turn out to be right....I will be there to congratulate you in a couple of weeks.

It will be very interesting.

btw- my very long trading focus is just the Nasdaq. Extremely bullish on technology.
I would note that oils/financials look pretty bad..but they don't trade over at the Naz. I am actually looking to short oil stocks and other sectors that had nice gains from September to now. However, my main focus will be to stay aggressively long on tech.