MDA - Market Direction Analysis Message Board

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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 685.69

+0.2%

Dec 5 4:00 PM EST

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To: t2 who wrote (78146)	6/7/2001 9:40:57 AM
From: HairBall	Read Replies (2) of 99985

NewVision: Many permabears would have everyone believe they called the NAZ Comp 2000 top and subsequent decline. That would include the permabears on a certain SI thread calling for a "crash" almost daily for the last three years...<g> However, if someone's auto theft alarm went off every day for three years and then one day a theft actually occurs and the alarm goes off at the usual time, did it go off because it always goes off at that time or did it go off because a theft was in progress? I suspect the criminal drove off without anyone noticing...LOL Regards, LG PS: This is not a good time to have a large short position, IMO. Expecting a retrace or pullback is not the same as expecting a reversal...

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