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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?

To: pater tenebrarum who wrote (25288)9/8/1999 7:24:00 PM
From: Follies  Read Replies (1) | Respond to of 99985
 
I think it depends on circumstance. A single event such as a really bad PPI could start us downhill fast enough that the momentum could not be stopped.

Mo mo can change quickly and the funds have no cash and they would have to raise cash.

Of course I can see Gspam and Bill C. stepping in for the good of the country and propping up the market, (the ol PPT) but the dollar would go to h*ll in a hand basket.



To: pater tenebrarum who wrote (25288)9/8/1999 8:14:00 PM
From: Les H  Read Replies (2) | Respond to of 99985
 
In that case, I think we trade in a range till the end of the year. Then after Y2K, all the money floods off the sidelines and we go for 15,000. The Nasdaq to 3500. The picture after this is not pretty...

The greater mess is being saved for the next presidents. Clinton keeps making proposals to spend money for the next 15 years.


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