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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: Zeev Hed who wrote (49678)5/7/2000 11:45:00 AM
From: Joan Osland Graffius  Read Replies (3) of 99985
 
Zeev, >>Gosh, if the Asian melt down and the recent NAZ melt down did not do it, what will?

I do no know. But, as far as the NAZ melt down, heck J6P still thinks this is a normal correction in a bull market that is going to the moon soon. No one is scared out there. Every person I talk to thinks things are just fine. The self talk is it will be back as soon as a blink of an eye. The Asian melt down did not effect the person on the street in either the US and Europe; and very few people know about LTCM.

They will get scared when something big happens that effects them; and we have not seen it yet.

Joan
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