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


To: Compadre who wrote (10131)4/7/1999 12:40:00 PM
From: bobby beara  Read Replies (1) | Respond to of 99985
 
iqc.com

Bawke, turkey burgers -g-

nasdaq 3rd gap this morning from the 3/24 low (exhaustion gap?)

broke the uptrendline from 3/24 low @ 2533 which is also the high on 2/1 and may be now making it resistance.

It's dangerous for bulls when Don and I switch to Turkey('s) -g-

bb



To: Compadre who wrote (10131)4/7/1999 12:48:00 PM
From: donald sew  Read Replies (2) | Respond to of 99985
 
Jaime,

Did you read all of Bobby's post. We went bullish and the NAZ sold off 80 points, so if someone played the NDX puts, they would have already made 100%. Theres money to be made on both sides.

I have a question, lets say the market runs up hard for here and sells off hard. How many will be able to get out at the top. Most bulls wonts since they will think its still going higher. I give more credit to the bulls here on SI since some will be able to get out before the dump.

Another question - how many bulls specificly here on SI are actually buying in force today?. I have no problem with bullish comments but if those comments are overly bullish, I have to assume that such person is buying specificly today at these prices. Dont get me wrong,Im not saying you are making strong bullish comments, just giving an opinion.

A comment to all, I truely hope we dont get I TOLD YOU SO when the market makes a strong move. That is just a lack of class.

seeya