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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 652.56-1.5%Nov 20 4:00 PM EST

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To: donald sew who wrote (1564)12/13/1998 6:11:00 PM
From: Investor2  Read Replies (1) of 99985
 
As I read your post, I agreed with nearly everything you said - until I read the last sentence: "Sooner or later they will be right, but when they are right, where will the market levels be at."

Wouldn't it be more representative of the truth to say: "Sooner or later they will be wrong, but when they are wrong, where will the market levels be at?"

What do you think? Haven't the people who "feel that the market will just rocket up due to money on the sidelines and interest rates" been essentially right so far?

Best wishes,

I2
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