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

To: Crimson Ghost who wrote (68108)	1/31/2001 11:19:11 AM
From: flatsville	Read Replies (1) \| Respond to of 99985

George-- Re: Don Hays In fact, one leg of our 4-legged approach that we use for our asset allocation model has just been destroyed. That is the valuation leg. Then he makes this comment: The monetary and psychology legs are still intact, but the market now is back to being supported by only three legs. That’s still okay. You can sit on a 3-legged stool, but if one more leg is removed... OK. So he's mentioned valuation, monetary and psychology legs. So what is the fourth leg? (Was it mentioned?)