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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 677.58

+0.3%

Nov 5 4:00 PM EST

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To: dennis michael patterson who wrote (43393)	3/16/2000 9:45:00 PM
From: bobby beara	Read Replies (1) of 99985

Dennis, i took some profits into the close also, but kept some. volume is very good, you want volume on a trendline breakout and we had record volume on nyse today, outstanding up/down volume, outstanding a/d. 207.61.23.98 I almost bought ebay this morning because it retested the breakout, but i did very good today with a stock selling at 12 p/e and growing 50% per annum - JAKK. I have a very clean five waves down in the A/D line from april 99 and that is a C wave correction in the bear market that started in july 98. If you remember my gilligan's lagoon posts on the broadening top on the nasdaq (60 minute chart) in february. the dow has the same pattern with a double dip into gilligan 10,000. This thing is gonna go crazy with speculation, real estate, everything, we are gonna outdo japan 89 like nobody's business. b

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