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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 652.53-1.5%Nov 20 4:00 PM EST
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To: Chuck Williams who wrote (71607)3/9/2001 10:10:04 PM
From: bobby beara  Read Replies (2) of 99985
 
chuck i would still like to see something that hits the headlines of the newspaper, and especially would like to see a bear chewing on andy grove or abby joe or da cheif on biz week -g-

i was looking at the 98 bottom, off the bear flag into the september top there were 9 days of consecutive lower closes, would love to see something like that to wash out the last of the weak hands and dipsters and make people finally give up trying to call the bottom, it's been a sorry thing to see these rydexers pour money into leveraged and regular bull funds after a few days or weeks countertrend rally, the bulk of it coming in right at the turning point only to be sent packing,

i would like to see a rally start where they have given up and are staying in cash, the rally from march 1st, was a little bit like that so we may be getting closer.

b
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