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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 679.68+0.7%Nov 26 4:00 PM EST

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To: HairBall who wrote (61107)10/20/2000 5:25:07 PM
From: maceng2  Read Replies (1) of 99985
 
LG

Re

The more one knows about historical valuations the harder it can be to motivate one's self to take the plunge to go long....<g>

Well that is just it. I have read what the bear threads have to say and what BGR (Booger)has to say...It all adds up. It's most difficult to beat the indexes. The Fed prints money and it goes into the stock market. No need to "take the plunge" as it were..it's a level game.

Inflation is real, it may kill the market in the short term, BUT indexes will go up. There is no scenario, any scenario, where that does not happen.

There are scenarios where the almighty dollar gets dumped and REAL depression exists, and that is another situation to deal with.

TA is a religion that only works in certain environments.

IMHO of course,

regards,

pearly
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