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

To: NickSE who wrote (4524)	1/22/1999 11:57:00 AM
From: SJS	Respond to of 99985

Trin just move under 1.00.....NAZ firming....looks to go positive very soon.

To: NickSE who wrote (4524)	1/22/1999 12:23:00 PM
From: James F. Hopkins	Read Replies (1) \| Respond to of 99985

HI Nick; I don't doubt it's reliable, but the timing on it means a lot. I went to msnbc yesterday and saw a good article about day trading war rooms, and 10 to 1 leverage used by day traders. Well that's been going on, but msnbc released it with timing that suggested that is what caused the internuts recent fall, ( day traders caused it) I find that sort of silly and them way off base, like trying to divert attention away from the real cause. The brokers and exchanges just up the margin requirements of most all internet stocks with out warning, is what caused it. People were being forced with out fair notice to make margin calls, or sell off. It was a slam dunk and set up and even Fidelity was in on it. Even reliable stories often have a motive ( position behind them ) and any way the data has to be right up to date, and what was it a week ago and the week before that, s*it them going back to arbitrary dates in history is like artiface , I can use statistics to prove or suggest almost any side of a case. Market timing takes up to date ( flow data ) not historic numbers. To many things change over time, other factors come into play, like they didn't mention in 87 ( short term cash was bringing huge interest rates ). The 87 top happened as the stocks went up with interest rates climbing . So as reliable as it is, it's not comprehensive, and I don't trust much of MS, mscnb, or CNBC..they are parrots & often with the motives their big clients tell them to have. Jim