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Strategies & Market Trends : MDA - Market Direction Analysis

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To: pater tenebrarum who wrote (13432)	5/10/1999 6:07:00 PM
From: dennis michael patterson	Read Replies (3) of 99985

Heinz, I sometimes think Martin Armstrong is a character out of a Berhnard play. Heute hat er so gesagt: The bull market is not over. Unlike Tokyo in 1989, the foreign buyers are not here in force. In fact, they remain on the sidelines waiting to see blood in the streets. All bull tops involve a concentration of international capital. That is just not the case at this moment. We do not see a major collapse as was the case in 1929. At best we see a pause followed by a resumption of the bull market where the Dow will one day reach the 19,000 - 20,000 zone.

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