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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 683.47

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Nov 28 4:00 PM EST

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To: KM who wrote (24119)	8/29/1999 9:37:00 PM
From: bobby beara	Read Replies (1) of 99985

KM, you will notice that the drop out of the failed inverted pattern in 1987 was a bearish engulfing that swallowed about 6-8 trading days. The bears really took control, we don't have that now, the reversal off the 7/16 top was more dramatic than the reversal so far, so i am looking for a meat grinder, no crash yet -g-

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