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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 670.92

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Nov 7 4:00 PM EST

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To: Jon Tara who wrote (40911)	2/21/2000 8:42:00 PM
From: Michael Watkins	Read Replies (1) of 99985

Jon, That wasn't my point, that was the point of the previous poster. I'm just saying that I do not think that everyone is calling a crash. Personally, I think the average long term investor; the average mutual fund buyer; the average just-retired long time union employee; well, most of average western nations populace that are not already day traders or active SI posters -- most of those folks will not see a big down turn nor a big up trend coming. They are just on the wagon, come hell or high water.

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