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

To: James F. Hopkins who wrote (11811)	4/23/1999 12:33:00 AM
From: Berney	Read Replies (2) \| Respond to of 99985

Jim, I certainly understand that few that view the thread will understand what you are talking about and fewer less will have a tolerance of your use of the English language. That's all unimportant, as your newly posted views IMHO are the most important that could possibly be read. It really is entertaining to me that few can understand the nature of this market; if the Big Boyz don't go up, everything else is going down. Clearly, the time to rejoice is when both the Head and the Tail are going up (assuming a long position). Equally, the time of concern is when the Market is being led by the Tail. Further, until this rule fails, it is the controlling rule. You were by far the first to enunciate this position; however, I look forward to your view of what happens when one stock (in this case IBM) so dominates the head vs. the tail? An interesting question as we consider the implications of Wacky Friday? Berney