MDA - Market Direction Analysis Message Board

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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 671.93

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Nov 14 4:00 PM EST

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To: Benkea who wrote (45393)	4/7/2000 10:12:00 PM
From: HighTech	Read Replies (2) of 99985

Anyone see a possible bear flag developing on the Naz? The declining volume during these past few up days points to trouble ahead. This happened in 1998, I remember it very clearly. We had a good washout and it seemed in the next few days that we were off to the races but the bear flag with declining volume came true and we undercut the first big decline. HiTech

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