MDA - Market Direction Analysis Message Board

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Strategies & Market Trends : MDA - Market Direction Analysis

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Nov 14 4:00 PM EST

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To: gc who wrote (72579)	3/18/2001 1:10:33 PM
From: Square_Dealings	Read Replies (1) of 99985

I would not use these results as a contrary indicator. These are traders that are able to move ahead of the market, or move with it more quickly than the average investor. And many are probably in a high percentage of cash except in very strong market conditions. The "money on the sidelines" has to be viewed relative to the "debt on the sidelines" and at this juncture the money isnt coming back until some more of the debt gets cleared out. Unless of course you want to take positions here to help out those that have tax problems. The market can definitely bounce but until tax season is over there is still high risk of redemptions. M.

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