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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 659.03+1.0%Nov 21 4:00 PM EST

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To: Tom Kearney who wrote (33419)11/14/1999 8:38:00 PM
From: bobby beara  Read Replies (1) of 99985
 
just comparing chart patterns and sentiment -

it's a parabolic - a sign of conviction, soon the bigs load up short, they'll put out a few valuation downgrades and the sucker could drop a 100 bucks in a couple of days, whether that is from a higher price, who knows.

Did the company invent the cure for cancer or something that caused the double over the last couple of weeks, or was it all because of a stock split announcement?

bb
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