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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 660.19-0.8%Nov 18 4:00 PM EST

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To: dennis michael patterson who wrote (27151)9/24/1999 11:22:00 PM
From: bobby beara  Read Replies (2) of 99985
 
D, Jerry has been calling a bottom for 500 points.

Well you can't trust any guru's read, because their indicators and bias can work only in certain circumstances and as much as I respect GZ's acumen of the market, i see a lot of hero worship of him and he has made mistakes and is usually early in his dipping, but i believe he is correct that a bottom is near in time, but for price i don't believe so, i think the crash potential is there.

Favors was wrongly bearish on much of the rally off last oct and now he is calling bottoms all the way down the top, i suppose when he finally turns bearish we can buy -g-

bb
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