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

To: John who wrote (77773)	6/2/2001 1:45:05 PM
From: eichler	Respond to of 99985

John, Very wise trading philosophy. I concur with your statement completely, though I admit it would surprise me, even shock me to see a super rally at this time. I don't think there is enough bearishness to fuel that event, and I agree with you that action seems to follow a path that harms the greatest number of investors. I think recent activity "having put in the bottom" should have drawn back into the market cautious money and more rally next week will easily fuel more greed. Perfect timing to pull the plug and "surprise" the masses. But, as you correctly point out, keeping in tune with the actual activity and keeping expectations and prognostications in the background is the way to go. Regards, Eichler