MDA - Market Direction Analysis Message Board

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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 691.72

-0.1%

Jan 16 4:00 PM EST

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To: Benkea who wrote (37013)	1/8/2000 2:51:00 PM
From: Jon Tara	Read Replies (1) of 99985

I'm a bit confused by the comments on the interest rate chart. It shows a head-and-shoulders bottom, which would imply that we are on the verge of a long-term upward trend. Yet, the comment "gotta TANK Monday". Did that really mean that you expect it to tank Monday, or that it's "gotta" tank Monday IF the stock market is to be saved? Do you expect that the H&S bottom is false? Or are you simply expecting a pullback to the right shoulder? In any case, it certainly appears to be at an important decision point!

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