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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 659.00

+1.0%

Nov 21 4:00 PM EST

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To: donald sew who wrote (27567)	9/28/1999 9:17:00 AM
From: pater tenebrarum	Read Replies (1) of 99985

Don, thanks for letting me know...please let me know which form this delayed dip ultimately takes by your technicals. today is supposed to be a cycle turning point and i don't want to miss out if and when the market should turn around. i have many indicators pointing to further weakness, specifically the lack of concern in the market in the face of technical deterioration, but they are of course not foolproof. one instance when the sentiment indicators failed me was the April '97 correction, which ended before it should have <g>. the market has never looked back since. regards, hb

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