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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 665.67

-0.9%

Nov 17 4:00 PM EST

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To: Joan Osland Graffius who wrote (22998)	8/13/1999 4:15:00 PM
From: bobby beara	Read Replies (1) of 99985

Joan, I haven't heard anybody mention anything like that, all i hear is that these are the must own stocks for the next 3-4 years. the reason the market sold off is the bulls ran out of money, the swift decline in the $ exacerbated it. As we were discussing in early mid July, the declining vix toward new 52 week lows indicated investors were fully invested with little worry. bb

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