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


To: Ramsey Su who wrote (1256)12/10/1998 9:25:00 PM
From: Haim R. Branisteanu  Read Replies (2) | Respond to of 99985
 
Ramsey, each "GURU" has his days and then he gets confused or to many people follow his approach.

There is still plenty of money around based on AMG data, net inflow in money markets of around $10 billion during the last two weeks. Many are also taking profits based on funds outflow.

IMHO the congress now holds the cards. watch the dollar and SE Asia markets. S. Korea almost doubled.

BWDIK
Haim



To: Ramsey Su who wrote (1256)12/10/1998 9:57:00 PM
From: dennis michael patterson  Respond to of 99985
 
Say what you will, the guy was wrong on the 2000 point run-up. But he has been right, often. There is no big drop ahead. No one-- except the bears on SI boards -- are calling for a big drop. Look at the ANG date-- big outflows. What do you think happened for all of October? You guessed it. Contrary indicator. And on top of it, the stocks going down hard today are all the cyclicals and the weak earners. What about CSCO DELL MSFT INTC????? They gave up little ground. No, no BK ahead. More up.