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


To: HairBall who wrote (14144)5/17/1999 12:59:00 AM
From: TimbaBear  Read Replies (1) | Respond to of 99985
 
Crystal ball's too murky for me to see what lies ahead....and any guess is likely as good as any other....I'll leave the bias whether upward or downward to those who seem to think they are more qualified guessers....With the amount of money flowing into the stock market from government sponsored retirement(401k, etc.), and from folks in other parts of the world who appear to think the grass is greener in our stock markets, my GUESS is that we'll keep getting what we're getting, an overall rising tide....Does this mean I believe in pie in the sky?....maybe not, guess you'd have to know me a bit to figure that one out!....does this mean that I think there won't be corrections, maybe not there too!....But it surely does seem to me that the big moves are rarely called accurately ( unless you call the perma bears correct when the market eventually corrects an imbalance or the perma bulls when the market goes up after downward corrections)....I am not denigrating the work or the findings of the folks who regularly post here, just the matter of fact way that guesses are apparently presented as foregone conclusions some of the time (especially this week-end).