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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 671.910.0%Nov 14 4:00 PM EST

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To: bobby beara who wrote (44620)4/1/2000 6:16:00 AM
From: lurqer  Read Replies (2) of 99985
 
FWIW I lurk a lot of SI threads. As opposed to the earlier March decline, this latest plunge has left many SI members shaken. It's not "blood in the streets" yet, but a "wall of worry" does (IMO) now exist. We'll see if it's strong enough to support a climb next week. My own assessment is the "worry" isn't yet so pervasive as to indicate an intermediate term (6 to 9 months or more) market bottom. I suspect a market advance next week will result in its rapid dissipation. BWDIK.

lurking...

lurqer
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