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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 665.67

-0.9%

Nov 17 4:00 PM EST

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To: Paullie who wrote (45395)	4/8/2000 12:36:00 AM
From: HighTech	Read Replies (1) of 99985

Although I remember the development of the flag and the subsequent drop, I'm a little fuzzy on WHEN specifically it happened. I believe the first washout(turned out to be a head fake) was in August and the final was around Oct. 8. See if you can find some good charts(old IBD)for 1998. Funny thing is everyone was expecting a big drop in 99 similar to the one in 98 which didn't happen but I think the bottom of 99's mini-correction was the exact date of the bottom in 98. HiTech(full of trivial matters)

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