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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 672.07-1.7%4:00 PM EST

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To: Gary Burton who wrote (64838)12/20/2000 9:57:53 PM
From: bobby beara   of 99985
 
gary here's a pretty pikture for e-wavers the utilities are the anti-techs -g-

stockcharts.com[L,A]DACLYYMY[DF][PB50!B200!A645][VC60][IUB14]

that took a five wave hit into the march low from 98 high, while the naz was doin the same in the other direction, now i think we are putting in some kind of wave 5 beehive or it should blast out of here and make a spike fifth if things get a little more gorey,

also i can count five wave up in newmont mining from the 10/26 low which is running inverse the equities and made it to the NBR hot list of widely owned stocks today (contrary indicator)

b
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