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

To: dennis michael patterson who wrote (73952)	4/2/2001 11:25:35 PM
From: bobby beara	Respond to of 99985

dennis, if prechter and eliades are posterboys for calling the trendchange to early, aj cohen and joe fat will be posterboy/girlz for remaining bullish in a bear market way to long, the 90's was characterized by an increase in SnP earnings, earnings drive the upside surprises, and bull markit sentiment, the 90's upside train in earnings had a little downside blip in 98, when everybody thought it was the end of the world as we knew it. that was a fakeout/breakout to the downside, the rally from the 98 lows is a bubble, the sNp earnings will be in big trouble over the next coupla years, you can't have a bull market, with a bundle or a baggle of stocks gapping down on earnings downside surprises. still the hope lives eternal for people who bought the bullish sentiment extreme and continue to average down in a bear market, because while the sNp and the dow held the parabolic uptrend from 94, every dip was a buying opp, and bearish sentiment was a buying opportunity, the balance sheet and profit loss statement rule, business is business, blodgett, meeker, joe fat, abby joe, maria are all media stars that have nothing to do with business or how business is run. b