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

To: Tunica Albuginea who wrote (69827)	2/21/2001 10:11:00 AM
From: Zardoz	Read Replies (2) \| Respond to of 99985

The media, pundits and , analysts are desperately trying to spin this market afloat with all it's previous underlying tax and spend philosophy that has informed the last 10 years of our Administration. The Naz will grind all to ground. You're kidding right? This is one of the last chances you've got to position yourself in what will likely be a bottom. Like who listens to pundits, press, or Analysts? Forget what the Analysts say... they're only floggin what they own. You'd sell your soul too if someone volunteered to stick a TV camera in your face. It's the mutual funds that control the markets, not you or I... it takes VERY little to actually move a market lower or higher. That's why most funds are nothing more then holding companies. During a job interview earlier this year {they couldn't pay me enough} I was told:"if we sold 50% what we owned... the markets would tank 25% {this was a Canadian fund} Wellllllll how many US funds sold 20%? Now how much cash do they now have? You can bet they'll want that CASH into stocks soon.... RRSP, IRA 401K.... gotta get in while they can. Hutch I dare you to buy gold. I double Dare you to short the markets I triple Dare you to go long Bonds.