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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 672.07-1.7%Nov 13 4:00 PM EST

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To: Challo Jeregy who wrote (26961)9/23/1999 11:05:00 PM
From: Terry Whitman  Read Replies (2) of 99985
 
Challo- The Full moon and New moon are often turning points. Lately the full moon has coincided with market tops. We're going to have to rally REAL HARD to make a top tomorrow. <g>

Putting 2 and 2 together... possibly the cycle has inverted and the Full moon tomorrow will mark a ST bottom instead of a top this time around. If not, look out below!

The plunging A/D line is gonna have to turn around to convince me to go long though. The A/D divergence has not resolved much yet- It continues to fall with the market.

Regards,
TW
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