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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 688.98+0.5%Jan 22 4:00 PM EST

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To: Uncle Frank who wrote (73671)3/31/2001 9:15:52 AM
From: John Madarasz  Read Replies (1) of 99985
 

It think it was W. Buffett that said anyone who thought they could predict the market shouldn't be allowed to talk to children.


He also said this in the final line of page 14 from his latest letter to shareholders...

" Really juicy results from negotiated deals can be anticipated only when capital markets are severely constrained and the whole business world is pessimistic. We are 180 degrees from that point. "

Kinda says it all.<g>

Have a great weekend,

John M.
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