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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 686.10-0.5%Feb 4 4:00 PM EST
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To: bobby beara who wrote (54536)6/18/2000 5:44:00 PM
From: Gary Burton  Read Replies (1) of 99985
 
Bobby--never let it be said that I'm fixated on my view (vbg)--I went and looked at some of the major individual financial stocks since the 1990 low and to my surprise, some of them-too many for my liking--have already shown 5 waves up from such Low. Whereas the NF Index went into a roughly sifdeways triangle formation from the 98 peak,looking like a wave 4 consolidation, many of the individual ones like CMB and C went on to complete Wave 5 higher highs---So-o-o-o---I am changing my view right here and now to one of Caution. How about that! (vbg)
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