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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 683.47

+0.6%

Nov 28 4:00 PM EST

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To: bobby beara who wrote (5205)	2/2/1999 11:13:00 AM
From: donald sew	Read Replies (3) of 99985

INDEX UPDATE =================================== There is a mini-ascending-PITCHFORK, and the LOWER TINE of this FORK has just been pierced to the downside slightly. I interpret the break of that LOWER TINE as one confirmation that this pullback, which started yesterday will continue to the downside. This mini-PITCHFORK is clearly shown on LEE's chart which is in MONTY's website. The PIVOT point is on JAN 14's lows at 9068. Again I must thank MONTY, LEE, LG, GERSH for their contributions of their charts. I highly recommend that such website is bookmarked. cp-tel.net Pretty soon those guys can start charging. gggggggggggggggg Seeya

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