MDA - Market Direction Analysis Message Board

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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 672.04

-1.7%

Nov 13 4:00 PM EST

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To: Les H who wrote (61344)	10/24/2000 1:48:05 PM
From: el paradisio	Read Replies (2) of 99985

It looks,we had a top this morning on Nasdaq,Spx and Indu... but advance /decline ratio is not so bad.I think,we need a day or two for confirmation,if this correction will go further. Nasdaq charts, in the time frame 1,2,3 years are pointing at the top here and wave C may start at any time... Money flow is very weak. We have an interesting rally in a penny stocks,like in March... Regards, el

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