MDA - Market Direction Analysis Message Board

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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 671.91

0.0%

Nov 14 4:00 PM EST

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To: Sonny Blue who wrote (11154)	4/15/1999 7:07:00 PM
From: donald sew	Read Replies (1) of 99985

Sonny, The recent runup in the NAZ was about 340 NAZ points. Todays lows got to approximately the halfway point of the runup. If the NAZ does not go much lower, that would produce a significant HIGH LOW, which implies that the NAZ could go higher. Right now I have mixed signals as to the size of this pullback. Do you have any other support for your basis, and when do you think the rally will start. seeya

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