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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 659.03

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Nov 21 4:00 PM EST

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To: bobby beara who wrote (36030)	12/26/1999 1:05:00 PM
From: SOROS	Read Replies (1) of 99985

Could all bears JUST BE WRONG? Consider it. Why go to all the trouble and aggravation in "timing" the market? You seem to be constantly trying to figure out "when" to buy and "when" to sell. Why? The "experts can't even get it right. I know the two below could be just as wrong, but you bears always "seem" so sure you are right. Read Fleckenstein -- he "knows" he's "right" all the time -- but guess what? Over time, he couldn't be any "wronger", and he has lost so many people potential early or more secure retirements through his fear preaching. Sure there will be occasional setbacks, but over time, he looks like an idiot. Could you be wrong? Would it not be wise to have some money in the best tech stocks for the long haul just in case? theatlantic.com amazon.com

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