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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 686.10-0.5%4:00 PM EST
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To: bobby beara who wrote (80487)7/19/2001 10:34:24 AM
From: eichler  Read Replies (1) of 99985
 
bobby,
Lately, the declines have been stingy in trying to fill that 1975 gap and the bounces seem to be getting more dramatic.
Like you, I think the Rydex numbers are warning that a powerful rally is imminent...if we don't actually breach the downtrend line on the compx today (60 min chart)...I think we are getting closer and closer.
In the same camp as you....but cautious...
Eichler
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