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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 680.44+0.6%Dec 19 4:00 PM EST

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To: Robert Rose who wrote (33178)11/11/1999 3:37:00 PM
From: donald sew  Read Replies (1) of 99985
 
Robert,

>>>> Donald, you seem pretty free to assume what the bulls are thinking. First off, I doubt we'd comprise much of a statistically significant sample on this thread. <<<<

My main issue is that I hear all the time is the BEARs are clumped together, in the category of only calling for a crash. Remember there were quite a few bears which called for the previous correction and a trading range since MARCH, and guess what there were quite a few bears which were close in calling the recent bottom. But in some minds bears only call for crash. How many BULLs were able to call the recent pullback/trading range since MARCH and also call the recent bottom within reason, not on every 200 point drop.

As for assuming what bulls think, com-on, then why were you surprised that HEINZ went long, especially since he has been talking of a up-move.

Another assumption what some bulls think, not all, its interesting to note how some bulls come and speak their mind when the market in good but no where to be found when the market is dropping.
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