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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 683.04-0.1%Dec 9 4:00 PM EST

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To: Lee Lichterman III who wrote (31974)10/31/1999 1:41:00 PM
From: Terry Whitman  Read Replies (1) of 99985
 
OK- You asked for criticism. Everybody is good at that- and I am no exception. <G> Your friend's scenario is interesting, but there are way too many variables in his equation, far too many different outcomes to predict like that. First major hole I can shoot with my P/E-35 revolver is- If the recent runup was foreign money coming into the U.S., why did most of the foreign markets move up also, many even more than the U.S.

You ever do one of those ink blot psychoanalysis tests? Doesn't the current portion of the S&P 500 chart on this risk index look like it's flipping everyone the 'bird'? LOL
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