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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 670.92+0.1%Nov 7 4:00 PM EST
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To: Skipperr who wrote (8945)3/24/1999 12:14:00 AM
From: Ron Dior  Read Replies (1) of 99985
 
Sorry Skipperr didn't mean to offend anyone. It is just that while I was browsing through some of the threads, I stopped at this one because I thought it sounded interesting. As I read I became disappointed with the postings. While I do agree that their are many negatives in the market at present, I also know of many positives. I was under the impression that buy stopping on this thread, I could get a nice balanced outlook on where the market might be headed. Also I had hoped to gain some incite as to short and long term movement. Instead, every post I read seemed to indicate a gloom and doom attitude, and most of the posters are well known SI bears. I just expected more when I read the original post starting this thread. I do agree that the bears have backed up their statements with URL's, but the market has not backed up their statements for the last 10 years or so. One day this monster bull market will tumble, the bears are right. But that day was not today like most are making it seem. This market is nowhere near that day. Most on this thread may never see the day when the markets crashes again. US economy is only getting stronger, World economy recovering slowly, Interest rates continue lower, and the big thing is more and more people continue investing into the markets, and this is fed by greed. Those three things will take this market far beyond the 10,000 mark. Any other arguments are benign IMO.

Ron Dior
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