MDA - Market Direction Analysis Message Board

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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 692.76

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To: pater tenebrarum who wrote (17588)	6/16/1999 3:13:00 PM
From: bobby beara	Read Replies (1) of 99985

>>>bears according to investors intelligence have now fallen to slightly over 26%<<< that's a very good argument for a limitation to the upside of this rally, however i'm too nervous to sit and watch all this long action, when the GIN hit's 479 - i'm out. the xci chart has a lot of similarities to the ending move of the ndx chart from july thru october 97, a long consolidation phase and a bull trap final marginal high.

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