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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 662.63+0.4%Nov 19 4:00 PM EST

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To: bobby beara who wrote (19296)7/3/1999 11:30:00 AM
From: Lee Lichterman III  Read Replies (1) of 99985
 
bb - You know I don't really believe this will actually last forever but my point and wish to get discussion on this point was that it could last a loooooong while until as the other poster pointed out, something shakes the market into going back to fundamentals.

I think that time will be when absolutely no one is expecting it, maybe not even us. It could be a blue sky chart time period where everything is coming up roses and daisies, your propeller is spinning so fast you are hovering over your screen showing your portfolio of dot com stocks screaming upwards as the news flash of some catastrophic financial event comes across the screen that no one saw coming. Of course we all would be jumping into our flying cars and beaming ourselves up to the mothership since this could be well into the 21st century at the rate this bull is going. <ggg>

Of course more likely it will be this fall or as Vitas pointed out, 2005-6.

Good Luck,

Lee
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