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

To: StockOperator who wrote (11610)	4/20/1999 10:10:00 PM
From: Smooth Drive	Read Replies (1) \| Respond to of 99985

Good Evening All, I've seen a reference or two on other threads about the possibility of the NASDAQ extending trading hours. I looked at the NASDAQ web site and there is no reference to this fact. If true, can someone refer me to a site that discusses this issue. TIA Eric

To: StockOperator who wrote (11610)	4/20/1999 10:12:00 PM
From: Robert Rose	Read Replies (1) \| Respond to of 99985

Great post, SO. The market giveth, the market taketh. So far you and I have been on the right side of the fence.

To: StockOperator who wrote (11610)	4/20/1999 10:48:00 PM
From: HairBall	Read Replies (1) \| Respond to of 99985

SO: I often address more than one subject in a single post. That is why I addressed part to you and part to all. But I would like to remind you that many that read the Market different than you, do it without bias or emotion and know their analysis is leading their decisions. No lecture intended to you are anyone that does not need it. But I have received several Emails as of late asking what to do by folks holding big losses after this decline. I do not consider myself either a bull or a bear. I have been on record calling for a rise into April as were you. The difference was I believed mid April would present a medium-term top. Thus, I have been voicing caution for investors since late March and early April. I have gone on record recommending to not risk the retirement money or the new home down payment or the kids college fund. In other words be very cautious at this time. As many have completely different time horizons in their investment strategies, my advice may have little value to some, for instance, a daytrader or even a short-term position trader. One would expect those folks to be nimble enough to get out when the Market started topping this month. But for those medium and long-term investors that have been hearing continued bullish sentiment up until Monday, and took positions this month, many would have been better off sitting in cash. I used the bottom half of my post to you to make my case again for a investment game plan. Many investors do not realize that most big losses happen to those that refrain from selling at a loss fearing that as soon as they do the stock will rebound. So, they watch the stock steadily decline. I believe this is a dominant reason investors loose big. Regards, LG Disclaimer: My posts are my opinions only and I reserve the right to be wrong on occasion. Do not base any investment decision solely on anyone's views or analysis. Do your own research and take responsibility for your own investment decisions.