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

To: Zeev Hed who wrote (80374)	7/17/2001 9:05:11 PM
From: posthumousone	Read Replies (2) \| Respond to of 99985

Don't get all excited guys, the MM's are after your money, this is a continuation of an extremely massive distribution, once selling starts, it will be murder, and blood will run knee deep, IMTO.>>>>>>>> Can you explain to somewhat of a novice what you mean by this? how this would work? thx

To: Zeev Hed who wrote (80374)	7/17/2001 11:27:17 PM
From: Mike M	Respond to of 99985

Zeev, if as you propose, the bids disappear, it will only be because the MMs are just as frightened as the rest of us and have no stomach for stocks at any price. I do not find it inconceivable having experienced 1987 in a strong economy, but take consolation in the immortal words of Ted Jones, "...corn markets have failed, grain markets have failed but the stock market has never failed...and it never will." I doubt we will ever prove him wrong. Warren Buffett said you should only own a stock if you can live with owning that stock even if the market were to shut down for five years. Given those parameters I suspect Ted will be given much leeway....<g>