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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 665.67-0.9%4:00 PM EST

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To: marcher who wrote (66520)1/10/2001 11:21:40 PM
From: bobby beara  Read Replies (4) of 99985
 
marc, if u were luky enuf to get on the telecom bearish bottom, now mite be the time to take profits,

i got five waves up on t from the bottom that is close to completing and the XTC touched the downtrendline from sept 1 today on the bullish candle.

also HHH made a bear flag top today and i believe completed wave 4 from the election top.

i'm switching back to bearish here.

the market wants to make sure greenie gives us another 50-100 basis points.

b
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