MDA - Market Direction Analysis Message Board

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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 652.53

-1.5%

Nov 20 4:00 PM EST

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To: j.o. who wrote (15287)	5/28/1999 7:25:00 PM
From: bobby beara	Read Replies (2) of 99985

j.o. this guy is looking for another leg up geocities.com The count on nite really looks like 2 legs up and they got to get in the nite trading before we top out so they can collect more commisions -g- also the GIN on what i am now calling the bottom of C popped below the 20 day band and closed back inside the band on the high and they are looking strong here., this is how the bottom of the nutz correction into the sept. lows. This bottom of C corresponds to the bottom of C on the spx with 9 day rsi below 30 very oversold. meeker downgrades the nets after a 30-40% correction -g- at minimum i believe the nets will rally back near the triangle breakout point. bb

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