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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 683.47+0.6%Nov 28 4:00 PM EST

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To: pater tenebrarum who wrote (14266)5/18/1999 9:45:00 AM
From: bobby beara  Read Replies (1) of 99985
 
Heinz, Uncle Allan per usual is marking a turning point. While breadth is not deeply oversold, it is oversold enough now that I believe it would take something significant to pull us down deeper.

I suppose the safest play is to wait for the volume get on for the ride. a break of 1371 or 1325 on volume is what i'm looking for.

bb
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