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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 671.91

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Nov 14 4:00 PM EST

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To: J.T. who wrote (26544)	9/21/1999 3:50:00 PM
From: bobby beara	Read Replies (1) of 99985

JT, you are OJ in reverse -gg- The market would have to reverse like this after i sold my uspix last thursday, now it's back at that price today -g- this last rally was a real fakeout, remember the meat grinder market - ooh yah iqc.com dow found support at the bottom trendline and danced around and fell thru it and bounced back up on it and turned it into resistance, for the bear case and not a fakeout here need some follow thru selling tomorrow. The Dow jones utilities took out that two year chicken chart trendline that i posted yesterday and also the aug low. quite a nice set-up for a kahuna -g- i'm not short -g-

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