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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 659.00+1.0%4:00 PM EST

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To: Zeev Hed who wrote (80135)7/12/2001 9:00:52 PM
From: ajtj99  Read Replies (1) of 99985
 
There is a saying, "Fool me once, shame on you. Fool me twice, shame on me." (I remember seeing some actor say it on TV once).

I don't know exactly what that means, but I think the Who said it best, "We Won't be Fooled Again".

The memory of that short covering rally 2-weeks ago may be fresh in many people's minds, especially those who were sucked into it. Had that event happened 2-months ago, I think the retail investor would be more likely to participate in this "rally".

My point is that this is a phenomenon that just happened 2-weeks ago, and I don't beleive many are of the opinion that this is a rally that will last, but maybe only one that they could possibly profit from short term.
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