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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 691.66-0.1%Jan 16 4:00 PM EST
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To: eichler who wrote (80090)7/12/2001 3:38:34 PM
From: bobby beara  Read Replies (1) of 99985
 
moondood, the reason i believed that was going to be a breakaway gap, is because the wave count looked baked to me, and in the last few days the rydex bulls have finally given in, also many of the strong stock and indexes have finally capitulated in the last move down from 7/2, msft, c, ge, biotech, nvda etc, this is the kind of stuff in a final leg down when the bulls give up and just want out.
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