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

To: pater tenebrarum who wrote (11695)	4/21/1999 12:24:00 PM
From: Les H	Read Replies (1) \| Respond to of 99985

Sorry, you probably viewed after I edited it a second time. I qualified the second group. There are two groups in the second group: (1) those who will sit it out entirely staying bearish the entire move, and (2) those who will rush in at the top. One could probably make a case for still a third: (3) those who came in after the March 23 pullback. I would tend to think those who continued bearish after the market pulled up in early March would have had their bearish stance further hardened by the March 23 pullback.