MDA - Market Direction Analysis Message Board

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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 670.92

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Nov 7 4:00 PM EST

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To: Kailash who wrote (40942)	2/22/2000 10:26:00 AM
From: bobby beara	Read Replies (6) of 99985

Kailish, I believe the outside day on the nasdaq, which bearish engulfed about 7 trading sessions looks toppy. Todays rally failure looks like it is confirming it so far. The dow looks like it has to go to 10,000 for support. In several posts last week I indicated i thought the biotechs looked like a blow-off top and they have been the darling sector in nasdaq in this last swing up from late jan, also they had a couple of threads on the top of the hot list this weekend. This split market is very confusing. b

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