MDA - Market Direction Analysis Message Board

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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 691.88

-0.3%

Jan 30 4:00 PM EST

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To: HairBall who wrote (6151)	2/11/1999 8:19:00 PM
From: bobby beara	Read Replies (1) of 99985

LG, I will be doing more detective work tonight. I haven't really looked at enough charts yet to be conclusive. On the bear side it really bothered me that amzn looked like it was trying to make the h&s pattern it developed into a failed bearish pattern today. It also bothered me that I heard one newsletter writer comment on how people were calling him up to get them out of there positions yesterday (capitulation) The Dow took out it's downtrendline, however it has yet to take out the triangle formed from the 13th bottom.

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