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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 670.21

-1.1%

Nov 6 4:00 PM EST

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To: pater tenebrarum who wrote (13823)	5/14/1999 1:30:00 PM
From: bobby beara	Read Replies (1) of 99985

Heinz, AMZN has a W top that points to the February low around 80. The McCllelan Oscillator has been heading in a channel down, I did feel that it could return up with yesterday mornings good breadth, but now it's looking like we should break zero soon. I believe I may be a buyer of Amzn at 80 IF it holds there for a short term bounce. The parabolic Adam and Eve top in the brokers can't be ignored with these current developments. bwdik

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