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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: HairBall who started this subject9/10/2000 6:46:05 PM
From: Stcgg  Read Replies (1) of 99985
 
Deja Vu - The Ominous Double-Top..

The Naz is again displaying a double-top (July 17th; Sept 1st tops), similar to the double-top formed last March just prior to a W3 decline of approx 2000 points.. Again, we are facing a W3 decline, and anyone who knows about Elliott Waves, 3rd waves are the longest and deepest of the wave structures.. This Wave 3 represents another double - It's the Wave 3 of the 3rd Wave (aka: 3rd of 3rd!)

Ho Ho Ho..

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