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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 670.97+0.1%Nov 7 4:00 PM EST

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To: gaj who wrote (25784)9/14/1999 5:00:00 PM
From: pater tenebrarum  Read Replies (1) of 99985
 
gaj, please don't take my comment the wrong way...i certainly have nothing against jockeys or pizza chefs, i merely wanted to illustrate that the public's obsession with the market is beginning to look a bit ominous...
it is simply not a good sign when professional advice is shunned by the public just as a multi year bull market is hovering near all time highs. if you look at market history you will find that important secular tops were often close when parts of the public that have traditionally never cared about the market started to dispense stock tips....

regards,

hb
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