MDA - Market Direction Analysis Message Board

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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 652.56

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Nov 20 4:00 PM EST

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To: Paxb2u who wrote (1736)	12/14/1998 3:51:00 PM
From: j.o.	Read Replies (2) of 99985

Guys - just a quick question. I have the impression that this market has gone into a mode of trending strongly in one direction, then another, for a 6-8 week cycle. (give or take) Are these oscillators much help in such a situation? It seems that market sentiment swung first SO bearish, then SO bullish that each was unsustainable. It seems that the pendulum is just picking up speed to me for another decent downmove, and sentiment is just right (i.e. Wait! I thought we were in for another 60-month bull run!). No sales yet, just a bit of panic. Just looking for guidance on some of these techs. Thanks j.o.

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