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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 671.910.0%Nov 14 4:00 PM EST

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To: Benkea who wrote (26780)9/23/1999 10:07:00 AM
From: donald sew  Read Replies (1) of 99985
 
Benkea,

ROFL

>>>> What Maria means when she says, "Folks there is stock to buy today!" is "The brokerage houses that use me like a ... are wanting a rally to sell into today so they are feeding the usual market gap up bull". You see this all follows because those guys wouldn't feed their channel, CNBC, market moving stuff that moved it in a direction which would NOT benefit them <<<<

My short-term technicals for the NAZ VS. DOW/SPX are have a huge divergence. The NAZ is borderling overbought right now and the DOW is in a CLASS 2 BUY, with the SPX close behind the DOW. So how will it resolve.

I believe that the DOW/SPX will rebound within 12 days and the NAZ will either dip or be relatively flat. The upside for the DOW/SPX should be weak and short.

seeya
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