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

To: Jerry Olson who wrote (46802)4/16/2000 7:52:00 PM
From: pater tenebrarum  Respond to of 99985
 
OJ, no way to tell for certain yet....actually the market could fall quite a bit without damaging the long term uptrend. so we could have what looks and feels like a crash and it's still only a correction. i'll reserve judgment on that...and on the likely outcome for the economy. i think however that we can't really compare today to '87. the bubble in financial assets, as well as the leverage in the economy are much bigger.

a rally tomorrow? why not....one thing i'm pretty sure about is that the eventual bounce when it comes will be big... i sure hope we'll all be able to ride along.

all the best,

hb



To: Jerry Olson who wrote (46802)4/16/2000 7:58:00 PM
From: ct  Read Replies (1) | Respond to of 99985
 
I keep saying that this is the bottom. It can't keep going down. Then I remember that I said the same thing when it was going up -- it can't keep going up and it did just that. Can it keep going down just as it kept going up. Just a thought.


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