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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 677.58+0.3%Nov 5 4:00 PM EST

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To: JOHN W. who wrote (76768)5/10/2001 9:26:46 PM
From: Boplicity  Read Replies (3) of 99985
 
that was good one, you could tell it was happening, the bears were so full of themselves they were composing songs, dreaming about driving down freeways with no cars on them.

LOL

That said, the nazzy might be tested soon. Just so happens that 2000 is the level the testing could happening at. Not only is 2000 important on a psychological level, (those around numbers are so obvious aren't they? <g>) but the recent low of the sideways action was at that 2000 level too.

stockcharts.com[w,a]dbolnimy[db][pb25!b50!b100!b200!a2000!f][vc60][iUc20!Ua12,26,9!Lb14!Lf!Lg!Lj[$spx]]

But then again, that little ascending triangle is a pesky bugeru in the negitory soup. <g>

B
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