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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 660.08

-0.8%

Nov 18 4:00 PM EST

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To: Claud B who wrote (7363)	3/2/1999 8:32:00 PM
From: bobby beara	Read Replies (3) of 99985

Claude, I agree the technicals are horrible here and this chart would have you believe that the Jan top in the nyse and dow are it. decisionpoint.com however my read is on the nasdaq, which may have a chance for one more high while the Dow & S&P are churning some more. I also saw a composite chart of the Asian "Tigers" on TV, it had a h&s topp in 94 and their is a very clear ewave pattern that reads the bounce from October as corrective 4 and Asia is now most likely entering the final leg down of their bear. If some news comes out here, it could send us down. which one wins???? bull? shahar.nets.com:2000/otx.gif or bear? shahar.nets.com:2000/beara.gif bb

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