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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 674.96+0.9%4:00 PM EST
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To: Vitas who wrote (13599)5/11/1999 10:52:00 PM
From: bearshark  Read Replies (1) of 99985
 
Vitas: I read your McClellan post and found it interesting. There is a strong possibility that tomorrow will be the peak of internal strength in this current bull run (starting from early March 99). The INDU could still move up a few hundred points before it falters or it could just move sideways for some time. I expect to have the opportunity to set positions sometime during June for a decline. However, I cannot see a bottom in early July. That seems very fast.
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