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

To: pater tenebrarum who wrote (15521)6/1/1999 7:33:00 PM
From: Daniel Joo  Read Replies (1) | Respond to of 99985
 
IMO, the sentiment has turned from "buy the dip" to "let's ride it out and wait for the pop back up but let's not invest more money" - we haven't seen the mass exodus out the door yet. I'm looking for AOL to break the $112 support - if it holds, I'll take my profits on my puts.

Dan



To: pater tenebrarum who wrote (15521)6/1/1999 8:34:00 PM
From: Haim R. Branisteanu  Respond to of 99985
 
Heinz, a bull market is getting over bought and it still move higher. a bear market gets oversold and still moves lower.

Capitulation is the turning point and IMHO shorts capitulated by end of April 1999 on internutz.

BWDIK
Haim


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