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Strategies & Market Trends : MDA - Market Direction Analysis

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Dec 2 4:00 PM EST

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To: James F. Hopkins who wrote (13797)	5/14/1999 8:22:00 AM
From: Haim R. Branisteanu	Read Replies (1) of 99985

James usually a shooting star signals an end of a rally and then a reversal. As TA is so widely used, many WS Houses use this signal to initiate a BUY recommendation to unload inventory. The momentum players follow. Several years back it was a quite reliable indicator today any bearish TA signal is a question mark. BWDIK Haim

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