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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 668.73+1.5%Nov 24 4:00 PM EST

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To: Moominoid who wrote (7237)3/1/1999 9:44:00 AM
From: bobby beara  Read Replies (1) of 99985
 
>>>I figured when everyone was bearish on commodities including the CEOs of Rio Tinto and BHP was the time to buy.<<<<

whats been dripping off EVERYONE's lips

low rates and no inflation.

WRONG ON BOTH ACCOUNTS.

The Nikkei Dow is in a declining 5 wave bullish wedge from the 1989 top. I believe that 9/98 was the bottom. This is very bullish for commodities.

Bad way to start off a new month on an oversold nasdaq market.

BEWARE THE IDES OF MARCH.
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