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

To: Lee Lichterman III who wrote (1784)	12/14/1998 8:27:00 PM
From: dennis michael patterson	Read Replies (1) \| Respond to of 99985

Lee, one thing I am looking for this time is the signs for a bottom. I missed it last time (as did more than a few) and I am curious what happens next. The lack of mutual fund inflows is easily explained by distributions from funds-- no one likes to put $$ in at this time. There is a lot of cash, and I believe it will go to work. I waited to buy on the way up at 8800 and sold out at 9200. I've been legging in since last Thuirsday in my retirement funds and buying only big cap stocks with upside (except MER which I dumped this am). I think we'll get a rally here starting by Weds.