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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 679.68+0.7%Nov 26 4:00 PM EST

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To: dennis michael patterson who wrote (4883)1/28/1999 11:34:00 PM
From: bobby beara  Read Replies (4) of 99985
 
Dennis, Greenspan made a big mistake before Congress today.

He likened the internet stocks to the lottery.

Americans love to play the lottery -g-

AOL has a gap to new highs with an inverted H&S pattern that points to 204.

The DRG has a definate broken H&S pattern and the dopers are getting higher =g-

IIX ascending triangle.
DOT cup&handle.

One more good rally would get the bears down to the low 20's a few of them capitulated this week (down to 28% from 30%)

bb
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