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

To: Ted Downs who wrote (72563)3/18/2001 11:06:37 AM
From: StockOperator  Respond to of 99985
 
Sure we may be undervalued but I think we have learned that there are extremes to psychology in both directions. If I remember correctly Byron was bearish in 98. Look how long it took the market to realize it. Which will probably be true at the other end of the scale.

Time will tell.



To: Ted Downs who wrote (72563)3/18/2001 11:27:10 AM
From: Casaubon  Read Replies (3) | Respond to of 99985
 
There are easy ways to circumvent purchasing on margin. The easiest is the use of options for leverage. Changing the margin rules will have absolutely no positive effect towards reducing speculation, and in fact, might increase speculation through the increased use of options.


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