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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 687.70+0.7%Jan 5 4:00 PM EST

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To: American Spirit who wrote (78075)6/6/2001 11:25:56 AM
From: HairBall   of 99985
 
American Spirit: Irony, if everyone think it's time to get in or out at the same time then the opposite becomes true (at least these days). You get oversold or overbought conditions.

The market has ALWAYS had overbought and oversold conditions AND on different time scales.

Regards,
LG
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