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


To: JRI who wrote (73341)3/26/2001 9:42:23 PM
From: OpusX  Read Replies (1) | Respond to of 99985
 
One last point: Many folks are saying: Look, the major mags all have a bear on the cover...therefore, look for a contrarian rally......maybe the REAL contrarian play here is...that all those articles are assuming this is a normal bear market......when the real Contrarian answer is that this will last longer, and deeper than what these mags currently think....hence, the contrarian indicator STILL works....just not the way everyone thinks....

JRI,
That should make the post of the day LOL

OpusX



To: JRI who wrote (73341)3/26/2001 11:29:01 PM
From: Crimson Ghost  Read Replies (1) | Respond to of 99985
 
Ny take is that we have made a short-term low and are in the midst of a bear market rally that still has a way to go (at least on the NAZ) But the final bottom? No way Jose!