MDA - Market Direction Analysis Message Board

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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: HairBall who wrote (40073)	2/12/2000 9:23:00 PM
From: Zardoz	Read Replies (2) of 99985

I will just say your BULLISH VIEW is always welcome Well thanks, but I didn't really say I was bullish. There is a third side to every coin. And the tempest for a bull market is growing. Yet the opportunity is still not there yet. Soon. Call it range bound for now. Is the Nasdaq over valued, yes. But is it over valued when you take into account future earnings for 1-2 years from now... NOPE. So is it likely to continue upwards YES. Hutch PS: I'm really opposed to terms like bullish-bearish, many stocks..etc are bullish even in a bear market. Last time I was bearish it was just before June 98.

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