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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 671.910.0%Nov 14 4:00 PM EST

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To: el paradisio who wrote (55139)6/23/2000 6:34:00 PM
From: Casaubon  Read Replies (1) of 99985
 
El,

that rickshaw man is an indecision stick. They occur when a market has "lost its direction". Given the extreme bullish sentiment, as measured by rydex ratio, which could be construed as antagonistic to the fed, the bullish nature of that stick is questionable.

-squirming in my shorts
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