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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 660.19-0.8%4:00 PM EST

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To: bobby beara who wrote (7360)3/2/1999 8:05:00 PM
From: Claud B  Read Replies (2) of 99985
 
That, of course, is possible...but I believe the "buy the dips"
crowd is about to get a rude awakening. That "Greater Fools Day 1999"
may be closer at hand than most are willing to acknowledge.

There are other technicals and fundamentals that I look at that say
the conditions today are much more, repeat...more...severe than
in August of last year. I don't believe this is apparent to the
people who day trade on the 'net nor to the average player.

I suppose time (as it always does) will tell.

Claud
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