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

To: dennis michael patterson who wrote (28403)	10/5/1999 10:19:00 AM
From: bobby beara	Read Replies (1) \| Respond to of 99985

d, i got that out of the Sunday Times article, that i posted with that link, the graphic wasn't posted on the web so i recreated it, i agree, i love it too. It says everything about what market timers try to do by quantifying "conviction" and "capitulation". This is why when Heinz posted that there were 90% bulls on $USD in July and 13% bulls on gold. I started pounding the table on gold. That's why i've been looking for more of a sign of capitulation in the broader market, but maybe we've seen enough of it for a decent rally. bb