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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?


To: briskit who wrote (16936)6/11/1999 5:03:00 PM
From: bobby beara  Read Replies (2) | Respond to of 99985
 
Doktor MD, trendline of the 95 and 97 highs in rates are drawing the bonds like a magnet to 6.29% next week, should bring the Dow to at least contact 50 day band at 10,000 and bring the SPX back to 1210 which is the bottom of the rising bearish wedge that it retested on this bull trap rally, GIN has broken down and next support is at the Jan lows, market leader is leading the way, dumb us should have watched netbank and telebanc as leading indicators of this -g-

actually if you use the bottom of march 3 as the trendline, we touched it today.

bb