MDA - Market Direction Analysis Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : MDA - Market Direction Analysis

SPY 670.31

-1.1%

Nov 6 4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Gary Burton who wrote (61745)	11/2/2000 8:39:09 AM
From: David Howe	Read Replies (1) of 99985

Looks to me as though Don Hays is losing it. There's no reason for a bear market at this time. My understanding is that it would be VERY rare for a true bear market to develop with interest rates below 8%. LT rates are under 6% so we are a long ways from that point. Investors still find equities to be a better bet than bonds at these rates. That's an important factor. Another consideration is basic supply and demand. There are considerable inflows into the market. Demographics indicate that this will continue for another decade at least. This alone should keep the bull alive. Sector rotation is likely and that's what we've seen this year. Money has moved out of tech. That might continue, but not until they've moved higher than today's levels. I'm betting on a rally until December. Another rotation out of tech might occur at that time. JMHO Dave

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next