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

To: t2 who wrote (80789)	7/23/2001 11:14:41 PM
From: mishedlo	Read Replies (2) \| Respond to of 99985

NV - Firts I sincelely doubt that "cash on the sidelines" crap. Mutual funds have been suffering pretty severe outflows. Maybe they are selling to satisfy redemptions, and if so, that cash sure as hell is not going back in. This rising cash actually seems bearish in this regard. Finally, and I keep repeating myself, I really get the sense that J6P is finally getting tired of this crap on WS. Buying recommendations and having the crap beat out of them. I get the feeling many of these fund managers have never been thru a bear market. ONCE JUST ONCE I would like to see a sell recommendation ANYWHERE NEAR THE TOP. Where is that sell recommendation on EBAY, ROOM, VRSN, etc etc. We will not see a sell recommendation on EBAY until it drops to 30 (and then the idiots will only be issuing a sell recommendation cause they want to buy it). The fund managers will buy it at 30, it will rise to 45 and they will think they are geniouses until in the face of repeated strong buys it sinks to 15. We are headed lower sooner or later and the longer it is put off, the lower we will go. If they gap us up in the AM I might even add to QQQ puts, if they gap us lower I will wait for the half-assed rally attempt and buy them back. Watch for the NVDA dowgrade at 50 (after a 50% fall from the top). Nah.... Too optimistic. Downgrade at 30. M