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 674.96

+0.9%

4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: donald sew who wrote (27163)	9/24/1999 11:15:00 PM
From: bobby beara	Read Replies (1) of 99985

Donald, I just worked up a 3 year DJU chart for the Chicken Page, will send it off for tomorrows viewing, major big spread break of a long term (2.5 yr) trendline. The techs have just begun to correct and most are just breaking thru 50 rsi, when the techs wash out we will bottom and when the FEAR is printed on the front page of the newspaper we will be near bottom. I told everybody that I almost fell out of my chair when Richard Russell said "You gotta be bullish here" just two weeks to the top after a whole year of repeating "We are going to have a bear market", he and tons of other bearish analysts threw in the towel since the March lows. You could always smell the fear when superbear threads, like milenium crash or bubble threads appeared on the hot list, the bears are dead, there is no fear. Any of the bears who migrated to this thread are no longer bear, but "market timers" -g- I believe we will see intel at 50 in the not to distant future, it's leading the charge on the way down. bb

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next