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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 670.92+0.1%Nov 7 4:00 PM EST

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To: bobby beara who wrote (39789)2/11/2000 2:32:00 PM
From: HairBall  Read Replies (1) of 99985
 
bobby beara: The transports dropped well below the 1982 support line yesterday....(semi-log scale)...I posted such real time yesterday along with TIME to get CAUTIOUS!

I don't usually post warnings, but when the TRANs break an 18 plus year support line, it is significant. Time for a heads-up...<g>

I posted several charts on this thread showing the support trend line break! The VGY continues its trek down as well!

NOTE: I would not be surprised if we get a bounce into the weekend, just to soothe investors...

Regards,
LG
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