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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 652.56

-1.5%

Nov 20 4:00 PM EST

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To: Benkea who wrote (48843)	5/1/2000 7:33:00 PM
From: bobby beara	Read Replies (1) of 99985

benkea, buffet hits the nail on the head here, that most new era valuation metrics fans don't get, and it has done them well not to get it for a long time now -ggg- Although they don't want to label it that, it is pure speculation, not investing in the traditional sense. the question is, did we put in a speculative top in march or not, only stoopid speculators know fur shure -g- there are two completed wave segments up in the IIX from 1998, it depends if the count started there or 1997 low. there is a monthly doji in march on iix b

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