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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 659.00

+1.0%

Nov 21 4:00 PM EST

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To: Walt Deemer who wrote (21184)	7/27/1999 10:47:00 AM
From: bobby beara	Read Replies (1) of 99985

Ya Walt, all that street dot com stuff is true, but like last fall there will be a day when bearish sentiment will not be a contrary indicator. As someone pointed out yesterday the tulips thread made it to the hot line, good time to cover shorts. I have five waves down on the daily nasdaq chart, this should be the kickoff of more downside after this consolidation period. The rca/aol comparison is to close to be laffed off by perma"the 20% year on year gains are my birthrite" -bulls. McCllelan put up a 90 biotech/internet chart comparison in april and at the time internet bulls were laffing at it, now they are crying -g- bb

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