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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 652.53

-1.5%

Nov 20 4:00 PM EST

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To: pater tenebrarum who wrote (15659)	6/2/1999 7:20:00 PM
From: Don Green	Read Replies (2) of 99985

For those Bears out there a sharp climatic decline will only refuel this mega-Bull. IMHO the only way this Bull will die is either a massive upward move in Interest rates, 8 percent min. that holds for 6-12 months, or a long slow decline over 12-18 months, where each rally back up fails to reach the previous high.. The "Buy the Dip mentality" is just too embedded and has been proven correct too many times...for most investors & traders to give in. Greed is a strong human emotion and that alone will prevent this Bull from dying on any sharp decline no matter how big it is. Regards Don

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