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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 665.67

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To: Daflye who wrote (5849)	2/9/1999 2:16:00 PM
From: bobby beara	Read Replies (3) of 99985

Daflye, right now I'm debating on whether we could get an extended wave 5 down in the nasdaq and really get a good flush, get one of those 80-90% negative breadth capitulation bottoms. Right now nyse/daq down/up volume running 3/1 and 4/1. I remember that everybody was looking for the rally to short off the July topp, that nobody got. bb

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