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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 683.04

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Dec 9 4:00 PM EST

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To: Daveyk who wrote (71079)	3/3/2001 11:59:52 AM
From: bobby beara	Read Replies (1) of 99985

>>>>>The difficulty, of course, is that we all become conditioned to an extended trend. Many of the people who pick THE top are the ones who have been stubbornly bearish throughout the bull market. Most of us require some time to recognize that a top is in and that a new primary trend is in progress. It is usually hard to recognize and accept that the rules have changed, but with the Nasdaq down about -55%, there are still people who are betting against the primary down trend and trying to catch a falling dagger. Like the perma-bears, these perennial optimists will eventually be right, but the question is, will they have any money left when THE bottom finally arrives?>>>>> decisionpoint.com

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