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

To: Haim R. Branisteanu who wrote (47408)	4/20/2000 7:28:00 AM
From: AllansAlias	Read Replies (2) \| Respond to of 99985

Haim, Wonderful post. It worries me as well, but in the sense of the common good rather than my personal fate. Your reference to the timelessness of the Mississippi echoes my post of a few days ago where, using a natural order analogy, I asserted that there was only one type of crash that would now do the trick. This view was reinforced for me in recent conversations I have had with some very smart traders. They contend that there is no way they can be fooled by this market into losing a large percentage of their portfolio. Understand that these are smart, experienced traders, who see the dangers we face. However, they feel they have girded themselves with knowledge -- how markets collapse, and discipline -- to be mostly in cash at day's end. They sincerely believe they have a money machine, although they would never express it in those words. I had asked rhetorically in my prior post: How can their "profits" be taken back in the correction to balance? I had thought there was only one answer. Your post made me think there is a second, much more devastating alternative: They may never lose their money through their own efforts/folly, but the money could disappear. Take care. --Allan