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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: lurqer who wrote (50675)5/13/2000 10:01:00 PM
From: Stephen M. DeMoss  Read Replies (2) of 99985
 
To All: To me, this year seems no differant than the past 7 which I have been investing. Strong markets from Oct/Nov. through March/April. This year the selling started before the IRA deadlines, but I expected selling around this time. If all remains the same as previous years, I expect a sideways till down through Oct. with the exception of one 'summmer rally' any time from now (for about 3 weeks duration). Everything (including the noise of a bear market) else seems the same. What I do during these 'off' months is sell calls on all my stock positions. After Oct., I let them ride. Anyone in agreement? Steve D.
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