MDA - Market Direction Analysis Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : MDA - Market Direction Analysis

SPY 662.72

+0.4%

Nov 19 4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Haim R. Branisteanu who wrote (26696)	9/22/1999 3:03:00 PM
From: bobby beara	Read Replies (2) of 99985

Thanks Haim, we have another reversal candle off 200dma timely.com we tested it several times last fall before falling through, i think we have enough bearishness and oversold to rally a few days or consolidate. Michael Burke said that the long period of bullishness, is like a debt that has to be paid and i agree, but you can't ignore certain periods when the bearishness reaches fever pitch, i noticed a few bulls have thrown in the towel lately -g- The key will if they close the spx below 200 dma on a big volume day. With breadth getting washed out like it was last fall you have to start looking for bottoms: bway.net bway.net xau is now approaching an area of resistance and i would expect consolidation. So many charts look negative bway.net

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next