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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 688.93+0.5%4:00 PM EST

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To: bobby beara who wrote (4572)1/22/1999 7:58:00 PM
From: HairBall  Read Replies (1) of 99985
 
bobby bear: **OT** Is KWHY still the same. They use to sell time to all manner of gurus and local brokers. And of course they would end the day with "Charting the Markets" with the Alien. <g>

**Back on Topic** Do you think that the bottom is going to be a retrace in a down turn or a resumption of the Bull?

Personally I am thinking H&S fairy tell....<gg> Before starting the next H&S on the IND/DJI I am looking for the 200 day SMA to become support and the intermediate bottom.

I know that is reaching, but the DJI did close below its 50 day SMA today...<g>

Regards,
LG
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