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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 683.310.0%Nov 12 4:00 PM EST

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To: Zeev Hed who wrote (65915)1/5/2001 12:41:49 AM
From: Boplicity  Read Replies (1) of 99985
 
So you are basing your calls on investors, big and small, still do not realize after all the selling we had for the last 8 months, that earnings will be bad, and will be surprised when they are? Also, investors will become myopic and fail to look over the horizon when earning season starts in two weeks time. All and all, you feel the FED has blown it and it's out of hand and we need more selling to rebalance valuation to be more in tune to a domestics and for that matter a world wide economy that will not respond to a FED rate reductions or tax reductions. Is the above correct?

Thanks,

Greg
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