MDA - Market Direction Analysis Message Board

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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 677.56

-2.0%

4:00 PM EST

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To: Haim R. Branisteanu who wrote (3524)	1/9/1999 9:17:00 AM
From: Debra Orlow	Read Replies (2) of 99985

Would agree with you if we had 0.2% to 0.5% advances with some retracements but such desperate moves up, of 2% to 3% are not exactly the foundation of a sustainable bull market, but more the precursor of a severe decline. I totally agree, and thought it should be spoken twice. Divergences are not always right the first time, but are much more reliable the second time in the same cycle. I am waiting. Debra

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