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

To: bobby beara who wrote (15168)	5/27/1999 8:39:00 PM
From: HairBall	Read Replies (1) \| Respond to of 99985

bobby bear: I agree with it, this is like the top last year where the bears kept waiting for a rally to get short and there was no rally. Well this is not completely true, there were two bear flags (rising consolidation pattern), one at the beginning and one near the middle of the correction. The problem with many of SI's prominent bears getting short is when the correction finally came, they went into denial and kept trying to call the bottom, too soon...remember? <g> Regards, LG

To: bobby beara who wrote (15168)	5/27/1999 8:45:00 PM
From: Jerry Olson	Read Replies (4) \| Respond to of 99985

hehehehe,,BB...won't be @Home<ggggg>>....oh man..... Bobby this is a very strange selloff...first it's normal, in the scheme of things...second it's very orderly imo...people are always saying "there's no panic sellig" so it's not over...oh yeah?? who says so... the only way we get blow off selling(me included)<g>...is if AG raises rates...won't matter when, just if...i'll be here with all you nice sweet cuddly bears....:>} now to expand my thoughts...not to far it hurts when i do that... there's a lot of forces all sort of converging right now on P&F...my guiding lite<g>... The DJBB, the bond index we follow and you can watch on YHOO(a very undervalued net stock)<g>..^DJB....just reversed down from reversing up...what this means is, interest rates, the way i read this..will bottom, and yields top out this month...this is my guess...cause this index is gonna reverse back up froma double bottom...that would be great for us...maybe not you..but definately me... at the same time The very beaten up nets index(Bullish Percent) chart is oversold at about 30%...now i know people here do not trade/like/invest or even think about these stocks...but FWIW at the next important move up in the markets this sector will make everyone here rich...i'm not kidding....this is no joke...and i'll come here and tell everybody what & when to by them..and even guarantee winners...<g>... Now there is ONE major fly in the ointment...well 2<g>....the OPTIBP reversed DOWN, NOT GOOD...the big boy on the block NYSEBP is about to..now!!!...pay attention, this is serious....look for the nearest exits...avoid all old ladies in your path with canes...and don't look back...no never look back..you could get frozen right in your tracks...<gggggg>.... and for good measure did i say HELP????....<GULP>!!!! oh one last thing..ALL BETS ARE OFF........:>}