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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 F. Hopkins who wrote (6561)2/17/1999 7:19:00 PM
From: Terry Whitman  Read Replies (2) of 99985
 
<..do you think we will ever not have a national debt ?>

I beg to differ. I think we will pay it off eventually- and I think you know how.. -g- WITH WORTHLESS DOLLARS! The gov't will inflate their way into a managable debt. Of course it will bring on a host of other problems. -ng-

NAZCRAP COMPX is now resting just below it's 50 day MA. I expect the bulls to put up a fight here, and maybe even scare a few bears off. The length of the rally (more than the height) should give us a clue as to how quickly we go down.

With that Mountain peak top, I wouldn't expect the rally to last more than 4-8 days. It will be just long enough to fool alot of sheep into buying the dip. -g-

BWDIK,
TW
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