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 671.91

0.0%

Nov 14 4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Jerry Olson who wrote (28335)	10/4/1999 2:57:00 PM
From: bobby beara	Read Replies (1) of 99985

OJ, the market is coming off very in oversold condition and is ignoring many negative news items (bullish) notice today's reaction to barrons negative article on intel. You know i love those greenie turning points, as i posted to you on 8/11 i thought the rally to go into FOMC and it did into 8/25, now i believe we are getting the reverse greenie turn as the market has been falling into fomc. because of the condition of the market (pessimism, oversold) i think we turn-up on any news out of fomc. Look at the long legged Doji off the 20 day band and the spiral compression bands on the stochastic indicator, which indicates to me there is some compression build up in the sell-off. timely.com remember we had the opposition on 8/25 with spx at 70 9 day rsi and all the bears had thrown in the towel as Donald Sew posted, which i in turn posted "Danger Will Robinson". I am posting that same message to shorts now -g- bwdik

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next