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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 660.19-0.8%Nov 18 4:00 PM EST

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To: pater tenebrarum who wrote (20536)7/20/1999 12:43:00 PM
From: bobby beara  Read Replies (1) of 99985
 
Heinz, i am starting to believe -g-

Haimnostros is da man -g-

it looks like we had a 5 wave move down yesterday, a consolidation, now we are in a big wave 3 down on the nasdaq.

This kind of mega reversal off good news, a euphoric market mood and weak market internals is for real IMHO. Just wish i had gotten in with jim on the short side Friday, i thought we could make it to the middle of the week.

from this mornings IS real time commentary:

The Nanny - who doesn't speak a word of English - handed me a piece of paper yesterday with GZMO on it...promoter tells her it's going to $40 - hmmm....like I said, the market was in a euphoric mood.


bwdik
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