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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 660.08-0.8%Nov 18 4:00 PM EST

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To: pater tenebrarum who wrote (28589)10/6/1999 6:50:00 PM
From: bobby beara  Read Replies (2) of 99985
 
timely.com

Heinz, say it ain't so -g- i'm seeing visions of pammy double cups and handle off a failed bearish pattern.

Internet Gold? -gg-

(also the nasdaq looks like a cup and handle - i guess all it needed was jerry bones going bearish -g-)

Also i noticed that the Dow made that volume hammer candle reversal on 9/28 right off the 3/19 high, when everybody was talking bearish about Dow 10,000 and bringing up the stories of the 70's and early century 100 resistance, also i remember a large surge in oex put buying around then.

Maybe that is acting as support now? I thought about turning the 3 stooges and a stumble rocket heading back up last weekend, i guess i should have -g-
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