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


To: HairBall who wrote (9203)3/26/1999 6:02:00 AM
From: Arik T.G.  Read Replies (1) | Respond to of 99985
 
I have found that many bears awoke this week with crash alarms

Bear King (http://www.exchange2000.com/~wsapi/investor/reply-8501486)

Mohan (http://www.exchange2000.com/~wsapi/investor/reply-8516697)

Bill Hueb (http://www.exchange2000.com/~wsapi/investor/reply-8529119)

Myself (http://www.exchange2000.com/~wsapi/investor/reply-8446798)

But GZ turned from bearish (http://www.exchange2000.com/~wsapi/investor/reply-8425141) to bullish again (http://www.exchange2000.com/~wsapi/investor/reply-8524692, and exchange2000.com

So was it a false alarm ? I don't think so.

Yesterday's composite NH 142 NL 243
MSFT and PG both breaking to new highs accounted themselves for 3.8 S&P points rise yesterday.

Europe turned sharply down as I type.
Russell down today under neckline again should be proof enough.

ATG



To: HairBall who wrote (9203)3/26/1999 7:44:00 PM
From: MJCok  Read Replies (1) | Respond to of 99985
 
LG;

Thanks for the welcome . . . and the site. I have watched the market for more than 10 years and still have much to learn. This thread seems to have many insightful posters. I'll look forward to reading what it posted here in the coming weeks. I admit to being confused about the market. To me it seem overpriced, and with many issues that should not command these multiples, i.e. AMZN and other 'net' stocks. However, it's better to learn reality is than to insist it change to meet what you think it should be. Thanks again.

MJ