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

To: Richard J. Byrd who wrote (5378)	2/3/1999 10:35:00 PM
From: HairBall	Read Replies (2) \| Respond to of 99985

Richard J. Byrd: However, I believe the more accurate analysis is that the thread seems to be very quick to jump on the bandwagon of any perceived change in trend. If the market is down for two or three days the bears come out of hibernation and predict a 2,000 point slide, and if the market rallies for some days the thread consensus is for a rosy future. I started this thread and I read every single post. None of the primary regulars on this thread do what you just claimed. Care to support that post with a few recent examples!!! If you believe what you posted, why do you bother to read this thread? This thread was started for Market Direction Analysis (technical & fundamental) for intraday, short-term, medium-term and long-term analysis. MDA has folks that focus on all the different areas. Some are very short-term and some are medium and longer term. Regards, LG

To: Richard J. Byrd who wrote (5378)	2/4/1999 8:56:00 AM
From: Terry Whitman	Respond to of 99985

Caution should be practiced in using any single thread or person as a contrarian indicator. Common contrarian indicators are really best used for the overall market- and in a Long-term sense. I think Mr. Howell said it best when he said- "Even Gilligan has his moments of Brilliance." -vbg- Personal contrarian strategy would work wonders for me - if I could figure out how to harness it. When I feel really good about a position I'm in, that's usually VERY close to a peak.. Good Luck, TW