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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 680.44

+0.6%

Dec 19 4:00 PM EST

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To: Haim R. Branisteanu who wrote (3305)	1/5/1999 7:25:00 PM
From: Debra Orlow	Read Replies (1) of 99985

We are close to TOP BLOWOFF Haim, I have been feeling this way for the past 3 weeks. I believe that the end-of-year butt-saving is what held up the markets, and now we will see what end is really up. The divergences have never been this wrong all at once. What price/volume/time frame specifics will prove to you that the blowoff is in full force, and what will you look for to confirm when the blowoff is over? (Besides the obvious price downturn.) Thanks for your insight, as always. Debra

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