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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 671.91

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Nov 14 4:00 PM EST

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To: Paul A who wrote (49509)	5/5/2000 10:39:00 PM
From: Zeev Hed	Read Replies (1) of 99985

Paul actually, the market makes a lot of sense, it is a titanic fight between fear and greed, and also between sloshing liquidity, improved earnings, and the fear that may end soon due to higher interest rates and topping economy (how much better can it get?). I think that you are not going to get hurt being 100% cash. However, in the next few weeks, I believe that another major buying opportunity will arise, and should be followed by a strong bull move. I simply cannot believe that the "powers" will go past the Republican convention without a good rally (another version of "it is the economy, stupid..."). Zeev

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