MDA - Market Direction Analysis Message Board

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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 652.53

-1.5%

Nov 20 4:00 PM EST

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To: Lee Lichterman III who wrote (35838)	12/23/1999 9:52:00 AM
From: dennis michael patterson	Read Replies (1) of 99985

Lee, I would think that the most bullish case for our markets is the fact that the world seems to be experiencing a new leg up in the bull. I know it is possible for manias to be world-wide, but if I recall my financial history, manias are usually market-specific (e.g., Japan). Favors has gone on record to the effect that the most bullish sign for our market is the fact that Europe is seeing new highs and Asia recovering nicely. I plan to stay fully invested. BTW, no epistles from the Princeton Economics people. My guess is that they will fold soon.

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