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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 665.67

-0.9%

Nov 17 4:00 PM EST

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To: Terry Whitman who wrote (27140)	9/24/1999 9:16:00 PM
From: bobby beara	Read Replies (1) of 99985

TW, my pops taped a PBS documentary on the great depression, i watched it a couple of years ago, so I will have to get it from him and re-watch it to give a clearer picture, but there were deadly riots at Ford and the 2nd hand guy was known as ruthless (does that ring a bell after listening to govt. lawyers -g-) timely.com The a/d line is in crash mode and we have taken on the downangled neckline on the NYSE on expanding volume, not a time to step in front of the selling train. Need a 1+ billion capitulation 90% down day to clean out the sellers. We had another minor change reading on the McOscillator today, i hope people who are talking buying the dip here have hard hats on -g- timely.com I'd buy that -g- A close below the SPX 200 dma is not something to sniff at, the only time over the last couple of years that has happened was prior to last falls crash. bb

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