Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Doug R who wrote (10765)	4/13/1999 8:34:00 AM
From: HairBall	Read Replies (1) \| Respond to of 99985

Well Doug R, I am surprised at you. You come on this thread ever so often and offer up a token post and you claim you are being ignored. I find it shameful you should now come this thread and attack not only Donald and me, but many of the participants. Would you have them change their outlook just to suite you? Anyone that reads this thread should only view the contributions as individual's views and at most information to be used or not used in their own decision making process, not Holy-Grails to be traded by. If they do not know this, they should not be trading or investing in the Market in the first place. Unless of course, they were reading your Market expectations, right Doug R? I ask you now that you have chosen to attack me, where was your praise when I called the top back in July on the TSO thread. Where was your praise when many kept calling for the bottom early during last July's correction and I held firm. Where was your praise when my technicals with the closing numbers on Friday Oct 9, 1998 went positive and I posted over the weekend on the TSO thread, that at least a medium term bottom was in on Thursday Oct 8th. Where was your praise when I called the Market top on the TSO thread in Nov 98 with in one day. I was out on suspension and vacation during the December rise, so I had to sit that one out. Where was your praise when I stood fast with my bullish formations on the DJI and TRAN, etc in Jan and February when many were expecting the Market to crumble, as the NASDAQ pulled back. Now I have been saying for months, that I expected a rise into April and a top to be put in between April 1-15. My charts have been in public view and have had short and medium term buy signals with many sporting bullish forks. Now, I have never suggested anyone go short, long, buy, sell or even hold. I have suggested that people not be betting on a new bull leg up, with the new house down payment money, the new pickup truck down payment money or the kid's college fund money. I suggested this rise would most likely be tradable, but to be cautious. Regarding David J's post, quite frankly I don't respond much to them, because I don't understand his system as I think many on this thread do not, enough said! If the Market continues up from here and I am wrong on this “one” call since I started posting on SI last June, I will NOT stop posting on SI and hide for a few days until it blows over. I will admit I was wrong. Doug R, no one pays me for my analysis and I twist no arms and expect no one to blindly follow my expectations. They are after all are just my expectations and I state such with almost every single post. All investors should know this and use any and all post they read on SI as just part of the input they use to weight their own calls, not as holy grails or decision-makers. Heck, Doug R, that includes your post, as well. Doug R, If you were really interested in contributing to the MDA Thread, you would do more than a token post every now and then. You would come on this thread on a regular basis and discuss your point of view with the regular posters and attempt to change their minds by challenging their point of view and arguing yours, that would have been welcome. Thus, giving this thread more of a balance, which I have agreed is needed, but I can't force people to post a bullish point of view and support it. But this GRANDSTANDING is just plain BS and very LOW CLASS. Would you show me one “YOU WERE RIGHT LG” post for any of the very timely Market calls stated above. Or, could you show me a few “DONALD THAT WAS A TIMELY CALL” for any of his many timely short-term timing calls. This attack of yours is pretty transparent, are you not getting enough exposure to suite you on your own thread? Heck, I would think the HOT person and HOT thread numbers you have on SI would be enough for you. I guess you would feel the thread was balanced if we all agreed with you sir, right? Please take your GRANDSTANDING back to your own thread, it is more appropriate there. TO ALL: I may well be wrong with regards to my expectation for a medium-term top this week. And if right, at the very least, I was early with my “own” retirement and retail investment accounts going to cash at 9800. But after all, they are my accounts and only my expectations. I do not charge for my work. I trust you all only use the post on this thread or any other thread as only a part of your investment decision making process. Do not use the views and or expectations of any individual/s on this thread or any other thread as you sole guide. Heck, many analysts out there that get paid for their work have been less accurate. Come to think about it, I believe Doug R does get paid for some of his. If it turns out by some slim chance, the Market does turn down this week for a sizable correction, do you think I or Donald will see an apology from Doug R? Regards, LG

To: Doug R who wrote (10765)	4/13/1999 9:10:00 AM
From: Lee Lichterman III	Respond to of 99985

Doug, don't break your arm patting yourself on the back. I suggest that while you are looking at your charts, you look at some other than nuts and indexes. 71% of all stocks are down from where all those posts are made. Since very few of those that read us trade DIA, SPY and QQQ, many did well if they did pull out. I know almost all my financially sound yet non-hyped stocks are mush lower than they were a few months ago. I won't pay 6000 PE ratios to ride the glory stocks that are worth 10 cents. Thanks to many on this thread, I still have more cash left than I would have if I had stayed fully invested since most of us tend to trade real value stocks, not the hyped ones. Also, read back a few posts where Don talks about his brokers laughing at him for being bearish then read the news about how the typical funds are only up about 1%. We are trading short term swings here. If we get 10-50% on an option trade in 2 days while the market moves up then 10-50% on the retrace down, and another 10-50% on the bounce back up, then who really has the right to laugh. If you are going to come here, do so regularly and contribute something meaningful. The indices are up but most stocks are down. Which is really the market direction? I tend to define it as the direction most stocks are moving, not which way an indice is being carried by a minority of over priced stocks. Note that when the breadth improved, many of us started changing our tune and leaned to the bullish side though guarded with the condition that breadth must continue to improve. I am now looking to purchase some of those stocks that were trading in the 50s and 60s when you turned bullish that are now selling in the 30s. Since I didn't listen to your golden sage advice, I won't be averaging down my loss but instead be buying twice as many shares with the same money. Good day, Lee

To: Doug R who wrote (10765)	4/13/1999 10:15:00 AM
From: bobby beara	Read Replies (1) \| Respond to of 99985

Doug, bulls have been right, bears have been wrong at calling market tops since mid march, bears were on the upside from the feb top. Do you expect everyone (or every thread) to subscribe to your opinion? That is ridiculous. Bulls need bears, just like plants need water. This thread does need more bulls to argue the bullish case, not more bulls coming over to insult bears when they happen to "guess" right. Some highly respected market timers like Stan Harley, Dan Sullivan and Bert Dohmen, none which have bearish disposition are calling for a market top in here, would you insult them also? eom

To: Doug R who wrote (10765)	4/13/1999 10:22:00 AM
From: HairBall	Respond to of 99985

Doug R: By the way, you come on this thread and spew insults left and right and then say you mean no insult, how disingenuous. I request that you never post me publicly or privately again. Regards, LG

To: Doug R who wrote (10765)	4/13/1999 10:28:00 AM
From: StockOperator	Read Replies (2) \| Respond to of 99985

DougR, I have been catching up on the posts from yesterday. I just wanted to say that not everyone on this thread has been bearish the last couple of months. My own work has placed me solidly in the bullish camp from our Oct. bottom. I also went on record about two months ago that when this consolidating pattern broke for the major indexes the market would break and go significantly higher. Which I believe we are beginning to do right now. So I just wanted to make my case,,, beat my drum or whatever you want to call it. Knowing that my read on things during this recent phase of the market has been pretty accurate - is juice enough for me. Good trading. SO