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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 652.53

-1.5%

Nov 20 4:00 PM EST

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To: bobby beara who wrote (7452)	3/3/1999 9:44:00 PM
From: Terry Whitman	Read Replies (1) of 99985

Come on now, Bobby. Last July's Top was a Lay-up. Message 5260707 This top has proven to be a little more difficult call due to the stunning blow off in the Nazcrap. Looks to me like Feb.1 was IT for the NAZ, and the Dow pulled a Double Top (slightly lower on the second one). NSCP looks like an even tastier short this time around <g> New highs/lows looking UGLY and smells even worse. In fact, you might even say it STINKS. Today's 30 minute rally isn't gonna fool me, I'm not buying any nutz now. <g> Of course we could rally for a few days and sucker a few more sheep in. TW

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