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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 670.21

-1.1%

4:00 PM EST

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To: da_cheif™ who wrote (60589)	10/14/2000 12:42:48 AM
From: Gary Burton	Read Replies (2) of 99985

da cheif---Naz Not a 'flat' since the mar top because the b wave rally to 4260 on sept 1was nowhere near the Mar peak--in a Flat, the B will usually approach the top of the A and sometimes go above it--in this case it stopped at the 62% mark so the structure likely isn't a Flat--more like a double zigzag with new lows yet to come to complete the 'zag' part--my 2c

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