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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 683.21+0.2%4:00 PM EST

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To: eichler who wrote (64243)12/14/2000 9:36:09 PM
From: bobby beara  Read Replies (2) of 99985
 
stockcharts.com

check it out moon dude, new lows confirmed the nas low on 11/30, there has not been a major bottom in the last coupla-3 years without a bullish divergence in new lows, check out the bullish diverg in may, also october 8, 98.

i think we are setting up that bullish divergence now and a lot of stocks have already made final washout bottoms in this period, have to watch the real beaters, the internets and see if they hold their lows while some of the 'preddy' stocks get killed -g-
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