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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: bobby beara who wrote (73945)4/2/2001 10:16:13 PM
From: Dave Kiernan  Read Replies (1) of 99985
 
Yes, he will get many more salmon before the 'run' is over...maybe growls in a higher octave or two,lol.

And I need to make this comment. Looking at Nasdaq chart from 1994, I believe there were 14 rate Increases and 6 or 7 rate Decreases until date. The overall general trend from then was Up until around this time last year. So why does the media and all the 'gee we've got a computer and invest on line crowd' think further rate Decreases will make stock prices rise? I would say just using the law of averages that another 7 rate Decreases should drop prices back to the Line or Long Term Average.

And to the engineer/physicist battle on this thread:

Is the glass half empty or half full? An engineer would say "it's a poorly designed glass". A physicist would say "screw the glass, we need a change of state"(from TX to AK in February):)

I remain yours,
Xtal Sphere
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