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

To: StockOperator who wrote (14436)	5/20/1999 7:12:00 AM
From: g_m10	Read Replies (1) \| Respond to of 99985

S.O. Glad to see you are turning positive on the market.<G> I have to claim ignorance in the indexes department. Just a humble observation. All earnings are behind us. Rubin's resignation is behind. All economic data is behind. The worst fears has already come true-FOMC has already adopted negative bias. And with all the negatives already out, the market still doesn't want to tank. May be it just wants to go up? <G> On top of that many of the internet stocks that I follow are now beginning to rumble once again. Could you share some of your favorites? TIA

To: StockOperator who wrote (14436)	5/20/1999 8:11:00 AM
From: pater tenebrarum	Read Replies (1) \| Respond to of 99985

PUT/CALL ratios are updated on the sentiment page at homestead.com regards, hb

To: StockOperator who wrote (14436)	5/20/1999 8:26:00 AM
From: HairBall	Read Replies (1) \| Respond to of 99985

StockOperator: The calls have indeed been very timely. Personally, I think this thread during this volatile time period has done its best work. Well, I have to agree. I think many reading this thread only note some of the MDA posters underlying fundamental concerns and or cautions expressed. Then they tend to glaze over and not note the timely short and medium-term Market calls. To All: It is one thing to call the technical moves in the Market and another to try and justify them fundamentally. This manic Market has offered a lot of folks a windfall but it has also taken money from more and in some cases punishing them severely. The caution is always to invest or trade wisely...don't be gambling with money you can NOT afford to loose. Always have a trading or investment game plan. Invest your time, before you invest a dime... Regards, LG Disclaimer: My posts are my opinions only and I reserve the right to be wrong on occasion. Do not base any investment decision solely on anyone's views or analysis. Do your own research and take responsibility for your own investment decisions.

To: StockOperator who wrote (14436)	5/20/1999 8:55:00 AM
From: James F. Hopkins	Read Replies (2) \| Respond to of 99985

Stock; Longer term I see us getting in trouble again, and think a lot of people will be sorry they didn't heed the Fed warning. Right now it looks like the market is going to fly in the face of the fed and shoot up. --------------------- Out side this market, cbs.marketwatch.com I'm not expecting any rally to last very long as that news is digested, but it does look like we are going to have one. To much has gone wrong, not only that oil went up first and that just puts pressure on the rest of the market, people don't seem to get it, but higher oil prices don't help things , it's like charging more for blood, to people who can't afford to do with out it but don't have the money to pay. ( ASIA ) just about the time they get their head up, the oil companies start bleeding them again. That had a lot to do with what caused the big ASIA problem to start with, if it comes back a second time what will happen here. Well last time we actually benefited short term from problems in ASIA , it took a while before it came home to bite us, and that could be repeated so while I'm over all bearish , it don't mean we don't have more upside. Just that the next sell off when it comes will be as big or bigger than last July & August. Lot of things are setting it up, including the move to thinner traded small cap stocks ( and that's a big one ) while they can cause us to run up and fast, it's hell to pay when the party is over as they crash much faster. Last time the down spin started they had already sold off a lot, and even then it was traumatic. I don't think any one has seen how far or fast the market can crash when people try to get money out of the smaller caps all at one time. But for now it seems caution has been tossed to the wind. Jim

To: StockOperator who wrote (14436)	5/23/1999 12:07:00 PM
From: StockOperator	Read Replies (2) \| Respond to of 99985

With prices, across the board, sitting at very critical positions the market's inability to rally plus the fact that prices are actually continuing to break down, are reasons enough to keep me on the sidelines. IMO, we are about to see a resolution to the patterns that have developed lately. With prices breaking down one might say that these patterns are going to break negatively. Personally, I think it is too early to say. This current weakness could very well be a shakeout prior to a continuation to the upside. The reason I say this is the VIX actually broke down this week. Then again it is NEVER a good idea to trade on what you think MIGHT happen. Instead, adhering to the trend is the only way I know to insure your survivability in the markets. And right now those trends are pointing down. So because I am not sure how these patterns will ultimately play out. I will be sitting on the sidelines until I get more confirmation of either a potential shakeout or perhaps a more serious decline in prices. Either way I believe we are going to find out soon enough and being a little late to the party (in either direction) should prevent me from being whipsawed out of any position taken now. Regards, SO