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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 670.31-1.1%Nov 6 4:00 PM EST

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To: Les H who wrote (39941)2/12/2000 11:11:00 AM
From: RocketMan  Read Replies (4) of 99985
 
I see the pundits are back to another extrapolation from a correction to the 1920s. Let's see that is the third such extrapolation so far this year, including the two Naz corrections and this one. Before that one we had the extrapolations to the Nikkei and the charts being shown all over CNBC that proved that the Naz was going into Nikkei crash mode within days. And before that we had the BK that didn't happen last October, and didn't happen last March, and didn't happen ... Then there is that crash indicator, I'm sure it must be at 10 again.
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