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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 662.72

+0.4%

Nov 19 4:00 PM EST

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To: pater tenebrarum who wrote (19173)	7/2/1999 1:14:00 PM
From: bobby beara	Read Replies (1) of 99985

Heinz, i almost fell out of my chair, when i heard russell comment. 10 dma p/c .47 9 day spx rsi 72 and will be higher today on a positive close. we are within just a few sessions of a top. we are very overbought, with a little tiny complex bottom, no basing at all here to fuel a rally, no sentiment washout to fuel a rally. quote.yahoo.com we will probably have another small change in the mcllellan oscilator, which happened at the top of the last rally (two minor change at the top of the rally), which was a sign of exhaustion, not a sign of pause for further gains. and then you have quepasa.com and askjeeves.com and people think i'm silly wearing my propeller beanie -g- bb

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