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


To: Robert Rose who wrote (11718)4/21/1999 4:30:00 PM
From: Robert Rose  Respond to of 99985
 
again, fwiw, my holdings tied my best percentage one-day win (15%, set in january), and also tied my best one-day $ win (set a week ago monday).

However, I am still about 18% below my all-time high, set a week ago Monday.

Just data here that might be of interest. Given that i invest only in inet stocks, and only 15 at that, my portfolio is more concentrated than the dot.x for example.

Am concerned about this technical volatility, although surely remain a long-term fundamental inet bull.

Regards to all. Rob



To: Robert Rose who wrote (11718)4/21/1999 9:31:00 PM
From: donald sew  Read Replies (1) | Respond to of 99985
 
Robert,

I do believe it is part of a topping off process at least for the intermediate term. As for the long term I think we are not yet at the pinnacle. Watch out for MAY and JUNE. Will be have a crash or the BK - heck if I know, but the probability is that we should have
some sort of a correction.

What is so scarey about it is that many will try to play it right to the very end, but lets not forget the possibility of a crash that could happen so fast that by the time one makes the decision to sell and by the time the order gets executed the market could be down several hundred points. Just look at the NAZ last week. A huge selloff normally arrives when everything looks so great, so few will
really get out timely.