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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 659.00

+1.0%

Nov 21 4:00 PM EST

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To: bobby beara who wrote (46495)	4/15/2000 1:38:00 PM
From: Jerry Olson	Read Replies (2) of 99985

LOL hey i was just thinking that BB...BOTTOM!!!!! i did mention that at 1494 S&P's....hmmmm<G>..A TAD OFF HUH??? but wait...i just looked at THE SPX-OEX-NDX-NASD-DJIA etc...on P&F.... almost everything is at or near the bottom... if we have a follow thru selloff Mon am...the futures would bottom at 1280ish..60/70 points from here.. but here;s the rub...everything's on a low pole... about 1-2 weeks ago both the SPX and OEX were on HIGH POLES, they reversed but only about 4-5 boxes and i thought that was enough, what with earnings season around the corner... ah..hmmmm..NOT!!!!! so now we swung the other way..BIG!!!! not unusual what with the schyzoid stoopid spekulators out there both ways... i'm betting we ARE at a bottom..or very very close to it... the DJIA is right on the BSL line...altho, none of the other lines held on the other indexs<VBG>.....hahahahahahaha well, i do have few bucks somewhere, so i'll play this bouncy one more time... or was that, "BUY THIS DIP"?????

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