MDA - Market Direction Analysis Message Board

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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 670.21

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Nov 6 4:00 PM EST

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To: OX who wrote (60607)	10/14/2000 12:14:51 PM
From: Ibexx	Read Replies (2) of 99985

Dear OX, You have generated some extremely useful information. Thanks so much for taking the time to do it. I have printed copies and will use them as important references for weeks to come. Glancing at the tables quickly - perhaps a bit wishful thinking on my part - I thought the closest resemblance exists between the current market downturn and the sell-off in mid-October of 1998, in terms of time-frame, severity, and mostly importantly, the fact that both declines were preceded by weeks of extreme weakness in September and first week(s) of October. Your thoughts? Thanks again, and I hope to read your posts more often. Ibexx PS: Are data on NDX comparable to those on COMPX?

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