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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 668.73

+1.5%

Nov 24 4:00 PM EST

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To: Gersh Avery who wrote (19841)	7/11/1999 10:58:00 AM
From: TimbaBear	Read Replies (1) of 99985

I surely don't want to be argumentative as I really enjoy the balance of perspective that reading this thread brings to my investment and speculative decisions.....however....you said: "...The pressure is to many stocks looking for a home. (supply exceeding demand)...".....which begs the question: " If your statement is correct, then wouldn't the market be reaching new lows rather than new highs?" I'm not in the camp that says the market must always go up....however, I have tried to school myself that the market is always right, regardless of what I think....so if the market keeps attaining new highs despite models that tell me it shouldn't do that, then I need to review the models, if I'm going to make money in the market....Now, if I'm going to have my money in cash and not be in the market, I can have any opinion I want but then it is not market analysis, it is just Timba's opinion....(this ought to liven things up a bit :~} )

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