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

To: bobby beara who wrote (80487)	7/19/2001 10:34:24 AM
From: eichler	Read Replies (1) \| Respond to of 99985

bobby, Lately, the declines have been stingy in trying to fill that 1975 gap and the bounces seem to be getting more dramatic. Like you, I think the Rydex numbers are warning that a powerful rally is imminent...if we don't actually breach the downtrend line on the compx today (60 min chart)...I think we are getting closer and closer. In the same camp as you....but cautious... Eichler

To: bobby beara who wrote (80487)	7/19/2001 10:46:02 AM
From: mishedlo	Read Replies (2) \| Respond to of 99985

there is just too many cocky bears and too much rydex cash Cocky Bears!!!??? What about your absurd call for Naz 2500 a few days ago? What about J6P buying calls like mad for this earnings run. Look at open interest in calls on PMCS strike 30. Look at open interest in INTC strike 30 calls. Look at equity put call ratios. I repeat. Cocky Bears???? Now, how about some margin calls or huge fund outflows? M

To: bobby beara who wrote (80487)	7/19/2001 11:14:36 AM
From: ru2	Respond to of 99985

on da 60 minute chart I see dat, actually after the gap down ( 60 min & 30 min chart ) we seem to have formed what looks a bit like a bull flag to me. Broke out of dat to just above the 21 dma, I am geographically unstable at da moment and trading out of internet cafes using SI's sucky charts, so my charts are 15 min to an hour delayed <LMAO>. Wanna swich to see what Lunar dudes 30 dma is saying but SI charts won't let me <G> my guess is that we are right on it. So what I am wondering is wether we pull back and give the bears hope so more get caught over the week end. I'll be looking for a new bull flag on the spx 60 minute chart using todays high with the high just before the gap down. I stayed long through the ride but reduced my position considerably gonna sell VSH at the gap at 24 and buy back if there is a decent pullback. Gonna be a pig with KMAG and hold for a good pop if it comes. Finally learning something bout Rydex numba's. Since da market hurts most o da people most o da people, da Rydex numba's important. I'm heading for Slovakia and maybe da Ukraine for da week end. You know the Slovakian or Russian word for sea sick pills. <LMAO Ru