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

To: j.o. who wrote (13759)	5/13/1999 12:11:00 PM
From: HairBall	Read Replies (2) \| Respond to of 99985

j.o.: Have to agree with you in terms of sentiment. Indeed, this is not always the most bullish board, yet I have noticed a marked reluctance on behalf of most posters to really call a big new upmove from here. (yes..there are exceptions, but I am just giving my impression of overall sentiment. The posters on this board make up less than .00001% of investors, so it is NO sentiment indicator....<g> Some of us are reluctant to call a big up move, because we don't see it, yet! If you DO see it, you should go for it...clue us in on the technicals or fundamentals that motivate you...however, I noted you too are reluctant...<g> Just a note: The Market always moves UP into a TOP and always moves DOWN into a BOTTOM....not rocket science...and the dance after each occurance can vary greatly! Regards, LG

To: j.o. who wrote (13759)	5/13/1999 12:41:00 PM
From: Casaubon	Respond to of 99985

Yesterday and today I put on long positions after being very bearish. However, I must say, I have been doing a lot of studying and know much more about investing and trading than I did only months ago. I am still keeping my 401K money out for now, though. It's much harder to trade that account effectively and I'm not comfortable being long in my 401K with somebody else making the decisions about what and when to owm stock, in this environment. Unfortunately, I can't roll my 401K to an IRA and trade it myself.