MDA - Market Direction Analysis Message Board

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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 665.67

-0.9%

Nov 17 4:00 PM EST

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To: pater tenebrarum who wrote (38611)	1/30/2000 4:55:00 PM
From: Jerry Olson	Read Replies (1) of 99985

ROFL....hahahahahaa.. HB, what i said was the P&F indicators are moving down from the middle of the playing field..not from the overbought levels at 70/80%, more like the 50 yard line.. so sure we'll correct, but it will be quick and violent.. as the times they have changed..heck we have the NAZ index moving 100-150 points in a blink of an eye... so while we know the move is under way, it's very important to be there when we reverse up...it will be from very oversold levels... i'd like to see the VIX hit 35/40...for starters... see you at the party<VBG>.. regards to you too...

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