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

To: Compadre who wrote (12882)	5/5/1999 12:12:00 PM
From: StockOperator	Read Replies (2) \| Respond to of 99985

Jaime, Thanks for the well wishes. There is no question that the damage has been significant and each respective company or index should be traded accordingly. The interesting thing here is the markets are under significant pressure because of rates - which at this stage of the game is now known by EVERYONE. CNBC has been piping all week long about the effects of rising rates on the markets overall. Many of the "GURUS" are all now saying the same thing. Which bothers me. The markets seldom give us such a opportunity to position ourselves early by news that is so widely known. Still, fighting the trend is a dangerous thing to do. It's interesting that we are seeing this damage today with a slight improvement in the bond market. So I am watching things carefully. Regards, SO