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

To: bobby beara who wrote (21942)	8/3/1999 8:55:00 PM
From: Haim R. Branisteanu	Respond to of 99985

* OT* BB ask the tread not me <GG> Haim

To: bobby beara who wrote (21942)	8/3/1999 8:57:00 PM
From: HairBall	Read Replies (1) \| Respond to of 99985

bobby bear: The graphic artist in you is coming out...don't make me have to start rolling my .gif's over to the PMac to use Photoshop on them before I post them....<g> I don't have enough time as it is. Regards, LG

To: bobby beara who wrote (21942)	8/3/1999 9:01:00 PM
From: pater tenebrarum	Read Replies (1) \| Respond to of 99985

Bobby, just looked at your XAL and RUT charts, which tell quite a story i believe. since the RUT has traced out a clear rising wedge pattern without even reaching new highs, it looks very much like a large scale bear market rally. interestingly it topped at the same time as the NYSE a/d line. Prechter says the relative strength cycles of the small caps have recently bottomed, so they should be a good post correction bet. we'll see... hb