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

To: Death Sphincter who wrote (63121)	11/26/2000 12:37:23 PM
From: Stephen	Read Replies (2) \| Respond to of 99985

Oh smelly one. I like the sentiment. However ... I've heard lots of talking heads saying we've bottomed ... at various points along the decline. And didn't the last newsletter sentiment read have 55% bullish .. ??. A couple of weeks ago and this weekend I've seen interviews with a growth fund manager who promoted stocks at their current prices. When asked if they were buying ... the response was that they were fully allocated with no cash for further buying. Besides ... a lot of the people calling for the capitulation first are the technicians ... not the money managers. But we'll see soon enough .... Regards Stephen