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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 670.97+0.1%Nov 7 4:00 PM EST

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To: bobby beara who wrote (44150)3/27/2000 8:02:00 AM
From: Terry Whitman  Read Replies (1) of 99985
 
Magazine cover ALERT! Sell the farm! -g-

Studying my SPX tables this morning and here's da weekly trend scoop:

-We've just had the biggest 2 week advance in the table.

-Previous 2 week mega-bullish periods have been followed by a flat or down week. Average trailing week is down 7 pts.

-The Monday and Tuesday of the 3rd week following 2 consecutive mega-bullish weeks has been negative all three times, averaging -32 pts.

-The following Wed thru Fri periods have all been positive, averaging +27 pts.

I'll hedge my bets for a flat to down week, bottoming tuesday or wednesday.

Regards,
TW
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