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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 660.19-0.8%4:00 PM EST
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To: donald sew who wrote (18874)6/30/1999 9:09:00 AM
From: pater tenebrarum  Read Replies (1) of 99985
 
Don, quite right, i am certainly not a perma-bear and i play both downturns and rallies. when i see bullish sentiment at levels as high as the current ones, i have to get concerned. i agree that it is unlikely that the bull market is over and i think we will still see sharp rallies in the course of this year. but the market needs to build a more convincing base first imo.

regards,

hb
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