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

To: shamsaee who wrote (52742)	6/1/2000 1:49:00 PM
From: pater tenebrarum	Read Replies (1) \| Respond to of 99985

i see...well, reading this thread will certainly help you with this endeavor. unfortunately, as i have mentioned above, not much of the margin debt has in fact been removed. and it will almost certainly grow again if the market bounces back a bit more. the desire to speculate in fluff is now deeply ingrained with the survivors of the rout. it would probably take a true bear market to eradicate the speculative fever. alas, bear markets don't exist anymore, or so the experts (Yale Hirsch among them) say. it was suggested in a recent Bloomberg article that investors eradicate the term bear market from their vocabulary, as there is no more use for it in the new era. why, even that grumpy old bear Granville thinks now all of a sudden a collapsing a/d line is bullish...6 months ago he predicted a crash because of it. now he thinks he's stepped into a time machine and it's 1994 again...:)