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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: Les H who wrote (44466)3/31/2000 1:11:00 AM
From: Michael Watkins  Read Replies (1) of 99985
 
Les

Nine Out of Ten Chartists Say Nasdaq Hasn't Put In Long-Term Top Yet

Then, of course, it must be in!

Interesting that the SOX and BKX of all things are both at the do-or-die point. Not usually moving in tandem these things are...

And 3/16's 4455 was pretty solidly taken out intraday, not what we'd expect if this ride down is to be over.

Friday pause, Monday resumption?

Do-or-die, one day at a time now.
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