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


To: Moominoid who wrote (336)12/4/1998 11:53:00 AM
From: Skipperr  Read Replies (1) | Respond to of 99985
 
David, "What do you think?"

I can see how what you say will occur over time. It's very difficult to make accurate projections out over a year.

Right now, I see a big future (until 2006)demographic shift of money into the market, Baby Boomer 401(k)'s, IRA's, and even privatization of Social Security. So, longer term, I'm bullish.

Shorter term, we are overextended to the upside. That's why I keep a "hair trigger" on the "sell" orders if I'm invested. I am in cash right now. I'm part of this Money Market $3.26B:
amgdata.com

This money has to go somewhere eventually. I'm hoping for a sell-off into mid-Dec so I can go long through the seasonally-bullish Christmas holiday season. Then, who knows....

Skipperr