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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 685.66+0.2%Dec 5 4:00 PM EST

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To: KM who wrote (31901)10/30/1999 10:51:00 AM
From: Terry Whitman  Read Replies (2) of 99985
 
I'm sorry if my tone was a little strong there. I did have a couple of Bud's last night.<g> I did get your point- and it is a good one. Greed will get you in both directions.

If you are wrong- you should readily admit it, and change sides- or stay out. With my money- I have mostly been staying out of this mess they call a stock market since last summer. I have missed some opportunities no doubt- but I have positive returns over that period. Much better than the SP500 or a CD. In addition, I have reduced my risks by a tremendous amount- which is very important IMHO.

Your old man was a market reporter? I bet he's got stories that would curl your hair. <g> Did he ever talk about the great Bear Market of 73-74??

Regards,
TW
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