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Strategies & Market Trends : MDA - Market Direction Analysis

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Nov 21 4:00 PM EST

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To: Stephen who wrote (5529)	2/9/1999 8:40:00 PM
From: Stephen	Read Replies (1) of 99985

Anyone still following Jerry Favors ??. I ask because he was calling the bottom on 8th feb (+/- 2days), was talking about initiating longs this week, but also said, from memory, that a lower close than Fridays intraday lows for any major index would mean further lows for that index short term. Effectively, I assume this negates his position of initiating longs ... but was wondering if anyone knew for sure. Interesting day Regards Stephen

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