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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 683.38

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Nov 12 4:00 PM EST

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To: donald sew who wrote (4423)	1/21/1999 4:01:00 PM
From: Challo Jeregy	Read Replies (1) of 99985

Donald, I suppose that my insecurities are showing up here - re your comment I recall just a few days ago when the DOW was up 200 points, many were saying that we are off to 10000-11000 and that there was no need to do technicals or fundamentals since we are going straight up(UPCRASH) I did say something like that to LG, but I surely would have thought that everyone could understand that it was said "tongue-in-cheek" and with disgust directed towards Clinton's SS proposals!!! I, for one, have no ego <G> and would never proclaim to be a guru. God help us all if anyone ever followed any of my advice. Sure hope you weren't referring to me. BTW, I must commend you on your analysis from Monday. You thought 2-4 days before a downturn and you hit it right on the head (again). I hope you stay around. You and your technicals are greatly appreciated. Challo

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