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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 679.70+0.7%Nov 26 4:00 PM EST

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To: Matthew L. Jones who wrote (31090)10/22/1999 7:44:00 PM
From: stockycd  Read Replies (1) of 99985
 
Matt,

My bullish friend. Some comments...

If all of the perma bears on MDA had truly played the market in the direction of their posts, they would all be sleeping on park benches. I think there are more verbal bears out there than real bears IMHO <g>

Look at my post from tonight. I posted that I think we head down from here to Dow sub 10000. However, if I change my mind Monday morning at 10 am, I probably won't post it. The markets change on a dime and so should our opinions.

Incidently, we really have been in a bear market for 20 months now (in terms of the broader market. The indices are really deceptive in this regard.
Correct. And we have yet to see the price result of this bear market. IMO, price will catch up with breadth in due time.

Only a fool would bet against it right now.
I plan to go short Monday morning.

The rallys in bear markets tend to be sharp and relatively large. BWDIK, time will tell...

Regards,
Chris
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