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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 671.91

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Nov 14 4:00 PM EST

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To: donald sew who wrote (3809)	1/13/1999 8:32:00 AM
From: Terry Whitman	Read Replies (1) of 99985

I predict more nasty emails from the bulls. The dipsters have been trained to hold during the downturns and BUY more- It has been a good strategy for the last 16 years. The (Chicago) Bull market however has been in Overtime for the last 7 months. Michael Jordan is gone now, and Tomasso's FROG is DEAD. -gg- The NAZ has been in Extreme Danger territory for a couple of weeks. I have warned about that several times. The Bubble has sprung a serious leak- Only question now is if it will burst, or if AG and the Plunge Protection Team can patch it up again. Either way, more and more people will gradually come around to the realization that you can't get to 'Retirement City' without a trip through Recessionville or Depressionfield- geocities.com May join Jim and short the MDY today. BTW- Sold my ABX at the open yesterday as my trailing stop was hit. Will probably get back in if it starts to show some strength. No nasty emails from me- I, for one appreciate your diligent efforts- TW

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