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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 680.28-0.5%Dec 1 4:00 PM EST

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To: Bull RidaH who wrote (63814)12/6/2000 11:35:10 AM
From: Death Sphincter  Read Replies (3) of 99985
 
I am leaning in the same direction, but, as always, i am also watching the how,why,where if the NAZ has not completed the downward
ED look.
As far as the BIG ED up from oct98...the final action up, as you know, should be extremely violent, wild quick swings and it appears to be following that signature. this, of course, makes it difficult to judge, Are we still going down? or are we in the wild and wooly 5th of an ED.
You made another comment about being in a trading range between 922-1700 and I happen to agree that there is a good possibility that is what we will see over the next 1-2 years.
ps...i had heard that a new event was being introduced into the Olympics, platform explosive diarrhea. I was in training when the foto was taken.
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