MDA - Market Direction Analysis Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : MDA - Market Direction Analysis

SPY 659.03

+1.0%

Nov 21 4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: pater tenebrarum who wrote (25268)	9/8/1999 4:21:00 PM
From: Matthew L. Jones	Read Replies (2) of 99985

If I ever put together a football team or a motivational speaking seminar, I'll call Joe. I love the guy. I'll bet money, if he's long, he's hedged. Don't get me wrong, I'm not expecting a "crash". All of the chatter comparing today to 1929 is crazy. However, I believe that the Fed is deliberately "shaking the tree" to give us a series of "natural corrections" to prevent a big crash. Our last correction never finished, and the least little thing will trigger the rest of the correction, IMHO. The market needs to finish correcting so buyers will come back with some confidence and we can resume the uptrend. As long as we have all of the baby-boom liquidity being pumped into this market, a prolonged bear scenario is not really an option. I think that the longer we prolong this inevitable correction, the more violent it will be when it does happen (not "if" it does happen). MLJ

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next