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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 679.70+0.7%4:00 PM EST

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To: Benkea who wrote (23211)8/17/1999 5:19:00 PM
From: bobby beara  Read Replies (1) of 99985
 
Benkea, I was away from trading today or I would have joined you in the dip trip on the miners, looks like nice retest of the rounded double bottom. I find it interesting that the xau made it's last low on July 16th -g-.

So is this a right shoulder in the making on equities or is this another false alert by pitbull like early march and a failed bearish pattern.

Look how fast the vix has recovered.

bb
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