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

To: StockOperator who wrote (11787)	4/22/1999 5:15:00 PM
From: pater tenebrarum	Respond to of 99985

SO, you are correct with regards to the probable nature of the next correction. it will most likely come out of the blue, there may even be no discernible 'reason' for it in the form of an unsettling event. i still believe that the current advance will top out in blow-off fashion, which will make it particularly hard to time the turn. like everybody else, i will of course try to do just that. btw, i just saw some guy from MER (i believe his name was clough) on cnbc and he was reasonably enthusiastic about the market broadening out, sort of guardedly bullish. i take this and similar remarks by analysts as a first warning sign that the rally's near term potential may be somewhat limited. anyway, it's not over til it's over,and i'll enjoy the ride while it lasts. v-shaped indeed...<g> regards, hb