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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 680.28

-0.5%

Dec 1 4:00 PM EST

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To: pater tenebrarum who wrote (14866)	5/25/1999 12:52:00 PM
From: RealMuLan	Read Replies (1) of 99985

heinz, I agree with you on the most of the things you said. But I think it takes another LTCM-sort-of-disaster just to see another crash with a scale like last Aug. to Oct., not to mention a bigger crash. There are just too many new investors/suckers on the market right now, and more are coming everyday. Adding to the possible extension of trading hours for both NYSE and NASDAQ starting in June? this bull market still has plenty of legs to run. This extension of trading hours means a lot of people who hold a regular job will have chance to be a part-time day traders. I am not saying they would be successful, but at least a large percentage of them will try, and maybe they will stop only after they lost big. Of course, this is just IMO. Best.

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