MDA - Market Direction Analysis Message Board

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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 (41812)	2/29/2000 11:22:00 PM
From: Michael Watkins	Read Replies (1) of 99985

Bobby, intelligentspeculator.com re Energy, and with apologies to all, wars consume a lot of oil if I am not mistaken. re CRB, if it was an equity, I'd be watching for signs of failure here. If it moves back up across the line drawn, that would be very bullish for commodities. $GOX may be bottoming here. I have a buy stop in place above today's down bar for Placer Dome just in case. Re volume... if nothing else the last four volume/new high spikes warned of a reversal so I figure its an edge we can use. Failure to reverse can be useful too...

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