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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 684.45+0.1%Dec 4 4:00 PM EST
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To: Tom Pulley who wrote (83671)2/10/2003 10:51:52 PM
From: bobby beara   of 99985
 
I'm starting to wonder if we are going to go all the way to "capitulation" type readings on the indicators<

i think it's prudent to wait for previous benchmarke oversold conditions on the $bp indexes and summation indexes before believing that an all clear go long signal is there, though the bears are starting to get pretty cocky and a huge short covering rally smells near -g-
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