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

To: Matthew L. Jones who wrote (31193)	10/23/1999 3:24:00 PM
From: LTK007	Read Replies (3) \| Respond to of 99985

Matt got to keep in mind Cramer is a militant bull(always has been)---the hedgers found themselves on the wrong side of scale LAST week---next week may be entirely different--one thing I am sure of the call of the bull being back can not be made yet,at all,in my opinion---in fact i still lean heavily to it's not being back,not until NDX corrects--there is the problem,there is the danger. Fleckenstein took the view that the failure to capitulate after IBM is just another sign of what was going on in Japan in 89---it is called denial,i believe.Max90