MDA - Market Direction Analysis Message Board

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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 660.19

-0.8%

4:00 PM EST

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To: HairBall who wrote (33272)	11/12/1999 7:05:00 PM
From: GROUND ZERO™	Read Replies (1) of 99985

Okay, here's another bull... I thought for sure we were going to see the end of the bull run just recently... but most all the major averages broke through resistance today except for the DOW... I think the DOW will break through resistance also soon enough..... We can expect to see new all time highs in these indices and I also believe we are witnessing the beginning of a major upward move that could easily last for several months..... the NAZ has been in classic runaway status for weeks and the other markets are first starting to play catch up..... The advance/decline momentum has turned constructive and supports the notion of a continued rally..... Have a great weekend everyone..... My Best Regards. GZ

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