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


To: dennis michael patterson who wrote (8325)3/16/1999 9:08:00 PM
From: Challo Jeregy  Read Replies (2) | Respond to of 99985
 
Hi Dennis. I'll catch Moneyline in a couple of hours here on the left coast.

Yes, I heard that Ralphie turned bullish. He must have oogles of shorts! <g> Or, he needs new TA.

Your cycles guy (what's his name again? Forgot to take my ginko today <g>) hasn't changed his forecast now for weeks, has he?

Well, the market stunk today! I think carl was walking around the market floor <g>.

Oh yeah! Carpino!



To: dennis michael patterson who wrote (8325)3/17/1999 7:56:00 AM
From: Les H  Read Replies (3) | Respond to of 99985
 
He was also questioned about the poor breadth of the market. That only 5 stocks were pushing up the Dow. Ralph's response was to just buy the 5 stocks. He says that since those stocks are large quality blue-chip companies, it doesn't matter that the rest of the market is not following suit. He follows the generals. Considering the economy is $ 7 trillion, I would think there would be room for more than 5 generals.