MDA - Market Direction Analysis Message Board

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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: HairBall who wrote (33272)	11/12/1999 11:08:00 AM
From: Jorj X Mckie	Read Replies (1) of 99985

Hi, my name is Jorj and I am a bull. The P&F major indicators reversed positive in a pretty convincing way last week. These indicators went fully negative on August 2, in what I believe was anticipation of a weak Q4 related to Y2K concerns. Most of those concerns have been priced into the market at this point (IMO) and the market is now looking at pent up demand in the tech sector from the Y2K concerns (commencing in Q1). I suspect that any P&F practioner would be bullish at this point. JXM My thoughts as to who J6P really is..... #reply-10861495

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