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

To: James Strauss who wrote (11952)	4/24/1999 5:38:00 PM
From: stockycd	Read Replies (1) \| Respond to of 99985

James, I've been trying to put 2 and 2 together this weekend and I keep coming up with 4 no matter what I do. The NASDAQ looks as if it is starting it's "next leg up". The A/D line is going up. New lows are evaporating, new highs are getting better. The weekly chart looks very good. Hopefully more and more people will start doubting this market and we can really stoke the fire! Chris

To: James Strauss who wrote (11952)	4/24/1999 7:29:00 PM
From: Robert Rose	Read Replies (2) \| Respond to of 99985

James, do like your websight. And find your references and comments interesting as always. But I nevertheless keep coming back to the fact that bulls seem to want to be bulls and bears, well, you know <g>. Can't quite remember the book title, but the gest is that the growth areas in the economy are under pricing pressure, which reduces inflation, which fuels this market, which certainly supports the bulls' stance so far. Rob ps. understand that the bulls and bears can vary their stance depending on the st, mt, or lt perspective. Must admit that given the tax consequences of my st, mt, and lt views so far, I am very much encouraged to remain a bull. (That is, turning bearish requires me to predict a 36%+ decline. A very steep one, as even the most bearish of us might admit. Comments anyone?