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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 683.83

+0.3%

Dec 3 4:00 PM EST

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To: bobby beara who wrote (5550)	2/5/1999 9:19:00 PM
From: Vitas	Read Replies (1) of 99985

Bobby, I can feel it in my bones. This is the SLAMMATION pattern. It didn't make that much sense on January 6th, when the downtrend line in the a-d repelled the advance then, but as we go along, things are truly deteriorating. In February-March 94 we also had the slammation pattern, and in the middle of it, the NAZ broke out to new highs (March 94) while NYA was waffling. Then the slammation. You have to love it. Vitas

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