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


To: StockOperator who wrote (11906)4/23/1999 4:17:00 PM
From: Investor2  Read Replies (1) | Respond to of 99985
 
RE: "I honestly believe there is enough experience on this thread to call the next correction. And I do believe that a pre-emptive warning will be called in advance by this thread."

Do you think the thread will be unanimous in its call? Two-thirds majority?

Best wishes,

I2



To: StockOperator who wrote (11906)4/23/1999 4:19:00 PM
From: Compadre  Read Replies (1) | Respond to of 99985
 
SO: Thanks. by the way My signal turned into a buy for the NDX at the end of the day.

Message 9111332

Regards,

Jaime



To: StockOperator who wrote (11906)4/23/1999 4:30:00 PM
From: donald sew  Read Replies (2) | Respond to of 99985
 
StockOperator,

DARN, you are more bearish than I am.

I dont see a bear market coming now, or a crash. I just see a correction of 5%-10% and maybe as bad as 15% for the intermediate term up until early JULY. Then a runup that could set significant
new highs into SEPT, then we go from there.

5%-10% is very possible for the overall market in light of the recent
decline in the NAZ which was already 11.5% in just a few days.

Long term (within 5 years), Im very bearish since I feel the S&P will
get back into the 15-20 P/E range, but the DOW could still get higher before that happens.

Seeya