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


To: bobby beara who wrote (30089)10/15/1999 11:13:00 PM
From: Lee Lichterman III  Read Replies (1) | Respond to of 99985
 
>>probably 4000<< I don't know where the bottom will be and I am not even sure this is the beginning of a REAL bear yet. I am especially doubtful since I saw a lot of new posters today proclaiming gloom and doom that never posted here before.

I watch Rukheyser today and I got that nausious feeling again. Talk about perma bulls. There is one guy I would love to see get wiped out but he is rich enough that he is probably hedged to the hilt. Heck he probably is one of those that says one thing and does another. I know if I were him, I would load up on puts every time I went on vacation as that indicator seems to work flawlessly. That is probably why he is on vacation, he is probably spending all his time shorting SPOOs and buying puts after telling his audience all is well and go long. <ng>

Good Luck,

Lee