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

To: Mike Harkness who wrote (48289)4/26/2000 11:08:00 PM
From: Casaubon  Read Replies (1) | Respond to of 99985
 
I don't think anyone would care even if they put in negative returns on the year. People will just keep filling the jug with 401K/IRA contributions. It would have to take a very protracted bear market to change the current market sentiment.

I do believe the markets got hyper but I don't think a protracted bear will come. I am looking for a return to mean with DJIA at 8K, Naz 2.8K.



To: Mike Harkness who wrote (48289)4/27/2000 12:35:00 AM
From: DOUG H  Read Replies (2) | Respond to of 99985
 
They said the A/D can only go down for so long before something has to give.

Mike, Isn't it possible that the A/D line is simply reflecting an economy undergoing change, with new industries emerging and older ones in decline?


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