MDA - Market Direction Analysis Message Board

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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 675.37

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To: jjs_ynot who wrote (14035)	5/15/1999 7:45:00 AM
From: Step1	Read Replies (2) of 99985

Very anecdotal and i hope it doesn t break the rules on this thread, but a good friend of mine in Japan (60 years old, enough to have played the market for about 30 years and still dabbling in various investments) was telling me just today that in 89 in Japan when the stocks that had missed all the wonderful gains of the big blue chips made their move up, it was the top. He called them the dogs and said of course that at the time everyone just saw in that optimism, the rest i believe is history... He has Nippon Steel at 1000 Yen, now at 250 ... Fell hard and long... Back to lurker mode, sg

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