MDA - Market Direction Analysis Message Board

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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 652.56

-1.5%

Nov 20 4:00 PM EST

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To: bobby beara who wrote (19214)	7/2/1999 2:57:00 PM
From: pater tenebrarum	Read Replies (1) of 99985

Bobby, if it is a bull trap, it is the most ingenious one i have ever seen. if one looks at the charts of the major indices, they seem all poised for a blast-off to high heaven. since even Richard Russell has been drawn in by the speculative fervor and the VIX along with demand for puts have collapsed out of sight, you could be hitting the nail on the head... btw, i wonder what happened to the 'cycle low' on the 7th? it seems to have gone missing or something... regards, hb

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