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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 659.00

+1.0%

Nov 21 4:00 PM EST

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To: Matthew L. Jones who wrote (30710)	10/20/1999 8:59:00 AM
From: KeepItSimple	Read Replies (3) of 99985

>Are you guys throwing in the towel? Matt Yes. There is a fundamental reason why the market CANNOT go down for any period of time. It's called CNBC. That network is the source of 99% of daytrader/broker information. They control the mood of the market. The analysts and maria bartiromos are ALWAYS pumping stocks. What else do you expect the market to do? After all, if we crash and stay down, all the CNBC employees will be out of jobs. And people will blame them for the crash if they are EVER the least bit negative.

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