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

To: StockOperator who wrote (13010)	5/6/1999 9:04:00 AM
From: donald sew	Read Replies (2) \| Respond to of 99985

Hey StockOperator, When you showed some caution the other day, that was a sign of objectivity that many BULLs are not showing, but it didn't last long.ggggggggggggggg I have to say something in defense of those who are bearish on this thread, and that is I most of us are not locked into our belief and few of us are overly bearish. Just remember who called the CLASS BUY on the HiTECHs/INTERNETs, and it wasn't a BULL. Now my question is how many BULLs called the recent dips in the HiTECHs since mid-April. Only after the the HiTECHs pulled back a bit, did some of the BULLs start questioning the strength of the market. I am extremely bearish for a 5 year time frame, EXTREMELY, but that wont stop me from going long, at least for short-term trades. In fairness to you, you have been more objective than many other bulls since you do express your viewpoint in detail, instead of one liners from some bulls. And I do appreciate your views which attempt to balance this thread. In light of the futures being down, something I posted yesterday which I forgot to put into myINDEX UPDATE, was that we may see a technical delayed dip: >>>>>>>>>>>>>>>>>>>>>>>>>>> To: +Options Jerry (12962 ) From: +donald sew Wednesday, May 5 1999 3:40PM ET Reply # of 13023 Jerry, Good luck. Just posted that I dont think this dip is over yet, although I do not think this specific short-term dip will be that large. Well, the CLASS BUYs on the NAZ/DOT did work, but Im suspecting a technical delayed dip, where the NAZ/DOT will retest its lows one more time, before heading up with more umph. No big deal, something like a mini-double bottom by early next week. <<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<< seeya