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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 670.21-1.1%4:00 PM EST

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To: Monty Lenard who wrote (8543)3/20/1999 10:28:00 AM
From: Vitas  Read Replies (1) of 99985
 
bobby bonacci and I figured it out - '99 = '66 upside down.

If you were to go through the grueling mental exercise of examining
this post thoroughly:

Message 8357727

you would get an understanding how the structure of this market
from an advance decline line oscillator perspective is virtualy
identical to 1957. Including this last rally.

I was looking for the possibility of a last gasp rally to new highs in
February, but the longer in time we went with no signs of it arriving
I concluded that we had already tried and failed. Major
handicapping boo boo.

But it finally did come, and fits the '57 and also '73 patterns closely. So far.

Vitas
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