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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 665.67

-0.9%

4:00 PM EST

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To: Lee Lichterman III who wrote (6861)	2/22/1999 11:01:00 PM
From: dennis michael patterson	Read Replies (4) of 99985

Well Lee, my problem is that no one saw this coming. Except Sew-- he said there would be a rebound. My cycle guy saw it too, but not this magnitude. I think this thread has a bearish bias, which gets in the way. If TA cannot predict, then it is no better than psychoanalysis! That said, if today was Soros covering, then this won't last. AOL-- it'll come down again. EMC too. EMC is a great company and a great stock. Frankly, I don't think waiting is going to save you all that much.

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