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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 680.44

+0.6%

Dec 19 4:00 PM EST

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To: seminole who wrote (73637)	3/30/2001 5:26:27 PM
From: LTK007	Read Replies (1) of 99985

< But maybe rates don't matter.> it's possible,we are coming out a MONSTER of a bubble,and as such i feel one must view the present as an extraordinary situation.This bubble is historically bigger than the bubble in the twenties,and massive interest rate slashing did not stop that Bear. Barton Biggs,for whom i have a good deal of respect,just said he sees a tradeable rally ahead,but when pressed to say should the average buy and hold investor buy now,he simply said "No". every so often this old pro turns up on CNBC it is always a pleasure to see that happen---time allotted to a real pro and an honest one at that.max

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