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

To: SteveDavis who wrote (663)	12/7/1998 12:08:00 AM
From: donald sew	Read Replies (2) \| Respond to of 99985

Steve, I believe you are misreading my message. Its not the point that we will not will not hit 10000. Thats not my point. My point is that the at big boys are the ones who are selling not small investor, but they are the ones who are also telling all to buy. My point is that they tell partial truths and manipulate as much as they can. I look at them like a dishonest real estate agent who is trying to sell you a home in a area where a highway may be built immediately next to the property, but conviently leaves that information out. Right now I see immediate weakness, but that is not to say that it cannot set new highs or even hit 10000 or 50000 in the future, the point of my message is that I DONT TRUST ANALYSTS IN GENERAL. EDIT: Since you did mention the issue of money. It is my understanding, correct me if I am wrong, that in AUG/SEPT there was 1.25 trillion in the money markets, and now only around 150 billion. If that information is true, there really is not that much money around, just based on simple mathematics. It took 1.1 tillion to move the market 2000 points, so based on simple ratios the remainding 150 can move the market up about 300 more points from here. I am not standing behind those figures and wish if anyone can confirm such. Seeya Seeya