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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 690.64+1.9%Feb 6 4:00 PM EST
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To: el paradisio who wrote (49286)5/3/2000 8:12:00 PM
From: SBerglowe  Read Replies (1) of 99985
 
El paradiso, I am a big believer in the future. However, I think that things and values need to settle down and be realigned. There's too much promise and not enough delivery. There's too many executives with bold business plans and no execution. There's too much investment banking, and assets are valued to the year 2015. There's too many companies and too much hype and too much inflation...margin... whatever it is. We need to return to Earth. Nothing wrong with cash right now. The underpinnings of this market are weak as every serious technician knows.
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