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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 665.67-0.9%4:00 PM EST

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To: yu who wrote (26565)9/21/1999 4:12:00 PM
From: LTK007  Read Replies (1) of 99985
 
<<Was it beara said crash always started from oversold areas?
Could this be it?>> as a neophyte this is what would make the most sense.A sharp downturn from an overbought situation would be in a natural market dynamic,but a sharp downturn from an oversold situation would I feel necessarily
be much more ominous--crashes are rare events so I would surmise they are presaged by movements against the natural market dynamic--have to admit I am all ears and eyes now and
lurking on this thread a great deal.Keep up the great discussion.Max
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