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


To: dennis michael patterson who wrote (2617)12/22/1998 1:10:00 PM
From: The Perfect Hedge  Read Replies (1) | Respond to of 99985
 
I am an hourly reader bud.I just ree-posted what our man Dorsey said....

B*



To: dennis michael patterson who wrote (2617)12/22/1998 1:20:00 PM
From: Ms. X  Respond to of 99985
 
You just have to keep in mind the perspective of the market. We concentrate so much on that little Dow bug, that we don't see the big picture. This is why we love the NYSE BP because it tells us what is going on behind the scenes.
You are doing well now and have chosen well. Do watch your stocks though. They are extended and are do for a pullback. This would be quite normal and if you are in for the long haul, perhaps it will be an opportunity to add to your positions. Be extra careful of those internets.
Last year after the NYSE BP reversed and the Dow made new highs, a time did come where the larger issues followed suit of the mid and small caps, declining significantly. If it does the same thing now (not saying for sure) your opportunity to add to your positions will be handed to you, on a silver platter. Take it. Watch now, trade now and be nimble when the time comes.

Jan I am