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

To: Gary Burton who wrote (32003)	10/31/1999 7:45:00 PM
From: Lee Lichterman III	Read Replies (2) \| Respond to of 99985

>>we have a window of about 2 more weeks to make a new high.<< Why do you feel we HAVE to do it now. All the talking heads I see are talking about a raise inNovember being a good thing and expected. Spin control is getting the market used to the idea. This will become just one more addition to the this time is different mentality where 3 raises and a drop won't happen. The market is going to fight the fed, common sense, fair valuation, earnings slow downs, be damned etc etc. Manias are Manias and we haven't given J6P his 35% year to year gains so they are going to give it to him. At least they are going to try. Besides, we haven't hit the DOW 13K predictions yet and bulls aren't allowed to be wrong. ( yes, my tongue is in my cheek and I am trying not to laugh, really) EDIT - Timbabear - I will get Jerry Favors to be my editor, he will put lots of if, thens, maybes in the speech for me <ggg> Good Luck, Lee