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Strategies & Market Trends : The Final Frontier - Online Remote Trading

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To: dpl who wrote (3073)2/19/1998 8:59:00 PM
From: Jay Morrison  Read Replies (2) of 12617
 
<<The last leg of any bull is often the most dynamic.This market reminds me so much of the Japan market of the 1980's>>

This current bull market has been going since 1982 and has a ways to go still in my opinion. Baby boomers will be net savers until at least 2010. We are in a period of declining deficits and low interest rates. Of course that could change, but the fundamentals are in place for the bull to continue.

But as day traders, why do we care? A good down market with volatility would be great and very profitable. I would feel bad for the economic damage it would cause, but who am I to argue with the market. :-) Let it go where it may. It really doesn't matter to the day trader.

Jay
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