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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: TWICK who wrote (11628)4/20/1999 11:53:00 PM
From: bobby beara  Read Replies (1) of 99985
 
"dead cat bounce"

Twick, i wud take the nutz brokers as a major pulse of this market. At their recent peaks they were double their 20dma, this kind of excess is rarely seen, imo.

excess implies correction (i believe the leg down recently was just the first).

(not to mention they are advertising helicopter landing pads and island domains to their customers -GGGGGGGGGGGGGGGGGG-)

BAD ATTITUDE BEARA
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