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

To: Jon K. who wrote (994)	12/8/1998 11:09:00 PM
From: Magnatizer	Read Replies (1) \| Respond to of 99985

Jon I will be joining you on AWRE short soon. Likely tomorrow. It is in a similar situation to RFMD. Using my magnet analysis it simply has no "magnetic" pull above it now. Buyers should be totally exhausted. Still, I must see signs of weakness prior to initiation. With the downside potential of mid teens I will happily give up a point or two to let short term indicators tell me its a go. There have been a very few stocks I have found which defied the magnet short signal, most of them are internets ht david

To: Jon K. who wrote (994)	12/8/1998 11:24:00 PM
From: Monty Lenard	Read Replies (2) \| Respond to of 99985

Jon, I posted that list more as an overall idea that the market IMHO would go down tomorrow based on what I saw there. I made the mistake I guess of specifically spelling one of them out and should not have done that. My mistake not yours!!! since recommending positions on specific stocks is not the agenda set for this thread nor would I like to be responsible for anyone making a bad investment based on something I said. BTW, I ended up mixing Nasdaq and Nyse stocks in the list but failed to edit my post. Good luck to you Monty PS LG..Sorry about the specific stock call I made in my post. I get a demerit for that one. :-)