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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 665.67-0.9%Nov 17 4:00 PM EST
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To: Jon Tara who wrote (36244)12/29/1999 11:47:00 PM
From: dclapp  Read Replies (1) of 99985
 
all well thought-out market plays (or individual stock plays) are meaningless in a market that has no reason.

I'm seeing a lot of "since X now, then Y after the 1st -- tax selling, whatever."

But you can't put a "rational filter" on irrational behavior and expect it to be predictive.

Which doesn't mean you're wrong...only that it's a coin toss. And who in their right mind wants to bet significant capital on 50-50 (or worse...) odds??
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