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

To: SpecialK who wrote (83810)5/5/2003 5:37:15 AM
From: Crimson Ghost  Respond to of 99985
 
There is little doubt that this market will correct shortly IMHO. But how steep the correction -- that is the question?

If we are indeed in a new bull, we probably will not retrace more than a third of the recent advance. If the bear is still in charge -- much more than that.

But whether a modest retrace or really big drop -- better days are near for the shorts.



To: SpecialK who wrote (83810)5/5/2003 12:16:12 PM
From: SpecialK  Respond to of 99985
 
Well, I've sold my OVER at 11.85. BRCM is looking good to short. This is the same chart I've been looking at on BRCM.

stockcharts.com[e,a]dhclyiay[dd][pb50!b200!h.02,.20][vc60][iuc20!uya7,14,28!ua12,26,9!lp14,3,3!lo14][J11788635,Y]&pref=G



To: SpecialK who wrote (83810)5/7/2003 8:04:55 PM
From: Techplayer  Respond to of 99985
 
Barrons has not been a contrarian indicator from my perspective. That having ben said, I am short...eom


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