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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 680.28-0.5%4:00 PM EST
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To: HairBall who wrote (65756)1/3/2001 8:17:16 PM
From: Casaubon  Read Replies (1) of 99985
 
actually I was rather flippant when he was calling for a crash at 3K. Frankly I was suprised by the ferocity of the ensuing decline. I was, in fact, looking for a counter trend bounce at the time. He was rather emphatic about the nature of the imminent decline. Luckily, I only played it with a portion of my 401K funds and got out quickly when I realized I was wrong.

I understand what you are saying about a model which does not give timely re-entry signals but I also think there was more to his call than reiterating on incessant sell.
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