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


To: Berney who wrote (27285)9/26/1999 1:54:00 AM
From: bobby beara  Read Replies (1) | Respond to of 99985
 
>>>I will put forth the (undoubtedly) controversial hypothesis that the bull market since 1995 died in August, 1998<<<<

Berney, i will put forth a controversial hypothesis that the worldwide bull market died in August/October of 97, all you have to look at is the NYSE NH/NL chart for that and remember the goldilocks talk of that time that we would sell every russian and chinese a gillette razor, a coke and a compaq. haaaaaah, since then the excuse for the market going up is that it is going up-gggggg-

Crap all this talk about great earnings is puke, earning momentum peaked years ago, just look at the stocks above 200 dma.

I sent some oex charts to Haim at the chicken page tonight with you in mind.

bb