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


To: Terry Whitman who wrote (118)12/3/1998 9:48:00 AM
From: agiak  Read Replies (1) | Respond to of 99985
 
INLD is moving again today-great company, rated as the 17th
most profitable company on nasdaq. Started two internet venture and
just bought out cyberworks. Up 60% in two days already, broke out of
its trading range, momentum and other signals are very bullish.



To: Terry Whitman who wrote (118)12/3/1998 11:04:00 AM
From: Cents  Read Replies (1) | Respond to of 99985
 
Terry & All - I'm a new trader. What makes this "overvalued" market any different to the ones many years ago? Were they not overvalued then also? Look at where most of the stock prices are now. It's hard not to be investing in this market when one feels that long term outlook is good. Even when it's not so bright, at least I feel that the stock prices of certain companies (MSFT, CSCO, etc.) will always go up unless there is some reason to get out. I don't own any of these right now, but the only reason why I would get out of such great tech companies are if they go BANKRUPT. That to me is a scary thought! But of course, I think Armegeddon(sp?)is more likely to happen than MSFT to go out of business. <g>

Cents



To: Terry Whitman who wrote (118)12/4/1998 4:07:00 AM
From: genaro  Read Replies (1) | Respond to of 99985
 
Terry, thank you for the call and the great story.
My inclination is to put History ahead of TA and FA,
but most folks don't like to hear it.

What is your take on the up coming election and market direction?
As I am sure you know, most pre election years trend up, historically.
The elected prefer the beer and whiskey affect leaving the killer on the road.

Looking forward to the next chapter,

And thanks to all for the great thread!
Doug Shand