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


To: J. P. who wrote (9647)4/1/1999 6:40:00 PM
From: Compadre  Respond to of 99985
 
JP: I am not in disagreement that market breath look bad. But momentum could run over fundamentals at any given time. My point was only that you should not anticipate. But wait for the market to give you the signal that it is ready to come down. At this point, I still see further up momentum. The leaders have not rolled over yet. If you initiate shorts too early, you could be taken to the cleaners before the downturn comes. I also believe we will go down eventually, but not just yet.

Regards,