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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 659.00

+1.0%

Nov 21 4:00 PM EST

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To: Benkea who wrote (21299)	7/28/1999 1:49:00 PM
From: pater tenebrarum	Read Replies (1) of 99985

Benkea, why? Favors is calling for new highs as well. target: Dow 14,000 by october, minimum. so they are not conflicting. btw, Acampora's remark about complacency not being of concern anymore is typical of the very thing that he's not concerned about. personally i believe that '99 has been one of the most outstanding years in terms of complacency ever. put/call ratios and sentiment polls throughout the year attest to that. regards, hb

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