MDA - Market Direction Analysis Message Board

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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: dennis michael patterson who wrote (34650)	12/3/1999 3:49:00 PM
From: bobby beara	Read Replies (3) of 99985

D, we could be, looking at the naz we could be completing wave 5 from the october lows soon, this doesn't jive the the ge theory, unless wave 5 in the naz goes something like jdsu or qcom parabolic. McCllelan just reported that in the rydex sector funds, 85% are in tech related, pretty lopsided. also naz touched upper 20 day band after falling off of it in the correction. b

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