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

To: donald sew who wrote (31823)10/29/1999 11:37:00 AM
From: Joss  Read Replies (2) | Respond to of 99985
 
Hi Don,
My very long term bearish position that the S&P will trade back in the 15-20 range within 5 years still stands, but the bullishness we are seeing today is quite convincing.

15-20, is this a typo or am I looking at the wrong index. I assume you mean the SPX but the numbers don't jive with that.

Thanks,
Steve



To: donald sew who wrote (31823)10/29/1999 11:41:00 AM
From: Robert Rose  Read Replies (2) | Respond to of 99985
 
Very good post, Donald. I also must congratulate you for remaining intermediate-term bullish when there was so much bearishness around last weekend.

As for the dot, it is going higher as long as the market goes higher, leading the way as is customary. The inets thrive in manias, as we all know.

Thanks again for your ongoing top notch contributions to this thread.

Rob


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