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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: pater tenebrarum who wrote (21332)7/28/1999 8:58:00 PM
From: bobby beara  Read Replies (1) of 99985
 
>>short positions on many nutz have increased sharply recently<<

Heinz, this goes along with my theory that too many have recognized the H&S pattern and have positioned themselves for this and thus it will fail, unless we get a deriv crises, like 98, which could happen when the shadow crosses transylvania -g-, till then i'm long -g-.

anyway aol at 9 day rsi of 24 is a buy buy buy, when people were saying buy internets at any price in mid april is was a sell sell sell.

craps, we could be making a cup and handle on the DOW, i sent a morgan stanley cyc chart to Haim, the breakout will tell the tail -g-

bb
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