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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 652.56-1.5%4:00 PM EST
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To: bobby beara who wrote (28941)10/9/1999 7:39:00 PM
From: HairBall  Read Replies (1) of 99985
 
bobby beara: If my memory serves me correctly, you have uttered the words, that once the market finally breaks down, maybe it would be at an extreme oversold conditions. That would also include extreme sentiment conditions.

I suspect when the Market finally breaks down, it will be at extreme readings and catch all the contraries with their pants down...<gg>

Do me a favor bobby (or heinz), what were the sentiment readings after the close on Friday the 16th 1987.....<gg>

Regards,
LG
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