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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 670.31

-1.1%

Nov 6 4:00 PM EST

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To: Steve Lee who wrote (82489)	12/7/2001 2:16:00 AM
From: bobby beara	Read Replies (1) of 99985

You are assuming the "recession low" has already been set.>>>> bear market lows are characterized by extreme pessimism and fear, if you think that the american public can get more pessimist and fearful than they were in late september, then you got a new low.

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