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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 670.92+0.1%Nov 7 4:00 PM EST

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To: dennis michael patterson who wrote (39928)2/12/2000 9:44:00 AM
From: KY  Read Replies (4) of 99985
 
To the thread,

First I would like to say that I appreciate all of your posts & TA expertise.

Have a question for you all:

Why is this thread always so bearish?

This thread is the opposite of most threads I tread on...while those are way too bullish, this one remains bearish -- constant predictions of Nasdaq 2400 or Dow 9000, etc. I usually like to come over here for sanity checks when some of my high flyers are doing just that and the euphoria on most of the threads are getting out of control. Now I am beginning to think that both threads are suffering from a serious case of groupthink -- way too bullish over there and way too bearish here.

While I do think that there are many indicators pointing to a serious setback in the Nasdaq, do you really think that the end of the world is coming?

I guess I wish we had as many bullish voices on this thread with the same TA expertise to balance things out a bit.

KY

P.S. And I hope you are all making money?
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