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

To: Eric Wells who wrote (27119)	9/24/1999 6:00:00 PM
From: bobby beara	Read Replies (1) \| Respond to of 99985

Eric, you are absolutely right, when you are on thin ice it doesn't take much to weight to fall thru, it's a nervous market and people are looking for a reasons to call in the chips, there may come a day when they all decide to call em in at once. As far as bearishness, you can look the the 10 year history of equity p/c and since 94 we have a rising channel, so people may be calling bearishness in relation to the levels of bearishness we've seen in the last several years. bb