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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 671.910.0%Nov 14 4:00 PM EST

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To: pater tenebrarum who wrote (10254)4/8/1999 6:32:00 PM
From: bobby beara  Read Replies (1) of 99985
 
heinz, btd may still be in force, but the charts are still telling me that this is a bull trap, we touched the trendline today on the dow from nov,jan, mar.

interesting reading :
home.earthlink.net

take particular note of the cumulative breadth chart nas/nyse.

and take a look where it sits. i believe we could retrace this whole move from 1994, which is a bubble, and retrace to the top of wave 3 which is the 1994 top in my estimate.

bb
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