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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 677.58

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Nov 5 4:00 PM EST

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To: bobby beara who wrote (8799)	3/23/1999 1:33:00 PM
From: Arik T.G.	Read Replies (2) of 99985

BB, Replayed it several times to my enjoyment. The bearish count from Friday morning highs is: 1 is a 5er to Monday's low 2 took most of Monday- an ABC with the B an ABC 3 started Monday before the close Today's morning sell off might have only ended 1 of 3, 2 of 3 being the 2 hours quite flat correction until 12:30, and if we're going to new daily lows now it's the 3 of 3. A new daily low before 13:45 means Run for your lives. Your Atomic wake up call this morning was very timely. ATG

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