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


To: Thomas Benjamin who wrote (6801)2/21/1999 7:55:00 PM
From: Lee Lichterman III  Respond to of 99985
 
Excellent find!!! I was surprised he has the top at april 9th and didn't see the big drop coming until after that. I guess it falls in line with the "don't own techs between April and May" saying.

The scariest thing he said to me was at the end when he stated he thought bonds would out perform stocks the second half of the year. Ouch!!!

Lee

PS - After staring at my charts today, my muse... Probable bounce here for the next week and a half to 2 weeks then down, down down. Bounce for next earnings season then down for the rest of the year from the looks of the monthly charts. Of course I don't have much faith in views that far out but that is the early indication. We'll see as time goes on.