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

To: donald sew who wrote (10295)	4/8/1999 3:16:00 PM
From: HairBall	Read Replies (1) \| Respond to of 99985

donald: Well, I suspected you might with this pop to the upside. I know that many bulls are feeling pretty "right" right about now. And, I know I may end up with egg all over my face, but.... I am going to stay with my expectations, for now! My med/lng term oscillator went positive after yesterdays close. That is why I said in my MDA UPDATE last night, it was making room for some more upside. But my oscillator is in historically high territory. That implies to me that this push may well be a head fake...a tradable head fake...but one just the same. I will state it one more time...I would not be betting the new home down payment, the down payment for the new pickup truck or the kids college money or any retirement funds on this move...not yet anyway. So, if it turns out to be a "brand new" bull run, there will be opportunities to get back in, you will just have to leave a little money on the table. My technicals are all at the breaking point. Which means, either the Market begins to pullback from here as expected months ago or I will put my shapps on and start riding the bull along with all the long term bulls...<g> The last time I got to this point was the run up into last November, but it finally turned on the very day expected. Whew...on that one. Heck, I will admit it if I am wrong and get on the train at the first stop and join all the first class passengers, except I will just have to settle for coach…<g> Good trading and investing to all... Regards, LG