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


To: bobby beara who wrote (7640)3/6/1999 3:22:00 AM
From: Lee Lichterman III  Read Replies (2) | Respond to of 99985
 
bb - You did have an excellent call here. I still don't even see where I could have played it though. Most of the stocks I track had ho hum days. Seems the indexes are the place to trade right now. This has been a stock pickers year as expected but the stocks are getting fewer and fewer. This rally may last a bit but I am probably going to stick with the same plan as before. Sit out most of the rally and buy puts for the other side of the hump. Until we make it through earnings warning season, I can't see too much powering up. Interest rates are lower, yeah but they are still in the 5.5% range. That was bearish before but we ignore all that now?

Pass the glue, I am starting to think about reality again. This can not be tolerated.

Good Luck and again, nice call,

Lee



To: bobby beara who wrote (7640)3/6/1999 10:58:00 AM
From: Robert Graham  Read Replies (2) | Respond to of 99985
 
Time frame, guys, time frame. For the "long term" as a trader, this means weeks and even days, not months. Anyone's prediction can come true in this market if they are allowed to pick their time frame after the fact.

Bob Graham