MDA - Market Direction Analysis Message Board

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Strategies & Market Trends : MDA - Market Direction Analysis

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Nov 7 4:00 PM EST

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To: bobby beara who wrote (40104)	2/13/2000 9:46:00 AM
From: bobby beara	Read Replies (5) of 99985

csf.colorado.edu Again, to reiterate to those who can't understand why posters are bearish on this thread while people are jumping out of their skin bullish on the csco (or some other flyer) thread. This thread is titled "Market Direction Discussion" not "How high will csco go?" -g- The above chart of the advance decline line of the combined nasdaq-amex-nyse. That is "THE MARKET" Very simple when you look at that chart to understand why people are bearish on "the market" when you look at that chart, which is in a waterfall decline from 1997. The high flyers are swimming upstream against the tide, but eventually they will run out of gas and join in the trend that has been established at the 1997 and 98 tops. b

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