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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 692.73+0.5%Jan 26 4:00 PM EST

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To: pater tenebrarum who wrote (19585)7/7/1999 7:57:00 PM
From: bobby beara  Read Replies (1) of 99985
 
Heinz, ok i will have to cave in short-term, yahoo's numbers and the lack of confirmation of the shooting star should propel the rally higher, also aol looks to go higher from it's chart pattern.

I was also surprised the # bulls declined on the II survey, it may take AOL making a new High for everybody to get as exhuberant as they were at the april top.

I still believe we are in the fifth leg from the october lows and the 9 month cycle was wacked out by last october's crashola and has been delayed.

bb
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