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


To: Berney who wrote (27182)9/25/1999 8:58:00 AM
From: bobby beara  Respond to of 99985
 
Berney, i believe the reality check will be over the next couple of weeks, didn't you see TW's post of the a/d line going vertical, be careful when the water is draining out of the tub it will take your all powerful oex down the drain with it. (oex is mostly overvalued tech fluff and the leaders are the last to peak out)

If something good happens over the weekend, i look for a rally back into the apex of the spx triangle, but that will be a fakeout rally and convince many that the bottom is in - if it happens.

bb