MDA - Market Direction Analysis Message Board

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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 659.00

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Nov 21 4:00 PM EST

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To: Gary Wisdom who wrote (14116)	5/16/1999 9:50:00 PM
From: J. P.	Read Replies (2) of 99985

new highs/new lows is not going to play that big role in a decision making process to buy or sell IMO. Why would anybody spend the money on manipulating a basket of stocks to effect an indicator which is only one small piece of the decision making puzzle? BTW, I am a fan of some conspiracy theories, however. (Conspiracy meaning closed door sessions where powerful people attempt to manipulated the market). For example, it's my pet theory that the Fed is under the thumb of Clinton to prop up the market no matter what the price. The reason being that the good economy is the only reason Clinton's popularity ratings don't fall to zero! Best of luck to you!

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