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

To: John Madarasz who wrote (34544)	12/2/1999 12:35:00 AM
From: Lee Lichterman III	Read Replies (2) \| Respond to of 99985

Nice link, helps put things in perspective. Thanks. Tood a second look at a few things and I can't decide which way it is going short term at least enough to bet on. I want to go long but I see warning signs all over. My no money on it outlook is up flat to down to the FOMC, then up through the rest of the year but more in the DOW and SPX than the NASDAQ as I still expect rotation. a Y2K party with new highs from last summer is all but mandatory in a rigged bubble. AG will ensure the faucet is on full blast until Y2K is over. Of course after Y2K is done, the faucet will get turned off and with no more liquidity in a higher interest environment, I think everyone here can figure out the direction. <ggg> I also expect some jawboning by the fed to try and talk the market down like before since it has to bug AG thaty he has raised the rates three times only to see the NASDAQ put in one of the most spectacular years in recent history. Of course we all know that saying one thing while flooding the market with money does nothing more than a day or two of jitters. Scalp longs now for peanuts, but go short in the spring for a gold lined Bomb shelter. <ggg> Good Luck, Lee