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


To: Crimson Ghost who wrote (83942)9/11/2003 5:05:08 PM
From: Tom Pulley  Respond to of 99985
 
That makes sense to me. The few forecasters I follow and respect generally seem to agree at this point that we are in the midst of a good "cyclical" bull market. And under that scenario, the market has not yet hit the high for this bull cycle.

My timing model makes shorter term calls that generally look forward 2-6 weeks. Currently the model is short, but I think it is just seeing the prospect of a temporary setback that will set the stage for new highs later this year or early next year.

In any event, the model did signal to go from 25% short to 50% short at the open tomorrow. So, I will be fighting the fed and alot of upward momentum for now.

Tom