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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 671.910.0%Nov 14 4:00 PM EST

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To: James Strauss who wrote (2843)12/25/1998 5:35:00 PM
From: Ramsey Su  Read Replies (1) of 99985
 
James,

It has moved up in the face of negative news...

I think this is the big problem. We have not had any negative news. Further more, there are over 9000 mutual funds now which means there are 9000 fund manager pushing stocks. They will do their best to explain away all warning signs and keep pumping the balloon.

We have a few time bombs ticking away. The biggest is in Japan. Don't forget China, Brazil, Russia ......

Ramsey
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