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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 676.41+0.7%4:00 PM EST

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To: t2 who wrote (78560)6/13/2001 12:39:51 AM
From: The Freep  Read Replies (1) of 99985
 
Well, NV, no one can accuse you of not being bold. <g>

<<That is why I see only 2 possibilities near term to July:>>

I admit that every day I see only three possibilities (up, down, unchanged), but to see only two ways a market can play out over the next two plus weeks is a claim I'll never make. And you don't even give a chance to go under 2100? Very bold. I hope you're right.

But there is so much going on these next few days -- earnings warnings, CPI, PPI, a book to bill, maybe Microsoft, Oracle earnings, a Fed meeting, and who knows what else -- that to make a claim for the next two weeks. . . well, I just hope you're not tied to it.

J.P. Morgan's the only person I know of who was ever right on the market 100%. "It will fluctuate."

Sounds good to me,

the freep
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