MDA - Market Direction Analysis Message Board

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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 689.17

+0.2%

Dec 11 4:00 PM EST

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To: Tunica Albuginea who wrote (55894)	7/2/2000 9:49:39 AM
From: Saulamanca	Read Replies (3) of 99985

TA, You went to cash about a month ago. Your mind was made up already that the market was going down. You`ve spent all of your energies on this thread during that time posting bearish articles and comments. You were just waiting for the market to prove you right, rather than let the market give you some clues as to which way it was headed. Most of my indicators, while still between bull market support and bear market resistance, have seemed to put in a bottom here this last week suggesting the next leg should be up. Here is a nice colorful chart: stockcharts.com[PD20,2!F][VC60][ILB14!LL14!LD20] --Jim

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