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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 694.04

+0.7%

Jan 9 4:00 PM EST

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To: pater tenebrarum who wrote (26114)	9/16/1999 7:51:00 PM
From: Robert McHale	Read Replies (3) of 99985

I appreciate all your posts. The MDA thread and the Waiting thread have turned me from a bull at a bear. You are what you eat. In this case , you are what you read. I am officialy throughing in my bear market towel. Why through away capital looking for a correction when all I really see is a repeat of last October, maybe 20%? I'm now going to be either cash or in for the long short term plays. They have always treated me well, whereas searching for a correction has done nothing but drained my cushion. The fear of missing the drop is nothing more than the fear of not being right eventually. It is in the majorities best interest to let her down gradually through rotation. I opt to drop out of the bear camp. Wishing all the best. Its been as much fun as much as it has sucked. Regards Emmet

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