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

To: pater tenebrarum who wrote (29073)	10/11/1999 5:10:00 PM
From: bobby beara	Read Replies (2) \| Respond to of 99985

Heinz the SPX is running pretty much inverse to the CRB since mid July, my wave read on the CRB is that 9/28 was wave three top and we have now finished wave 4 correction (notice the big reversal in drillers and XAU today) I also believe the ABC flag on the xau is a wave 4 flag and we are set to go to new highs. 9/28 was quite a day with the dow bottoming and gold blasting, we may have a similar thing going on in the next couple of days with the Dow reversing down, McOscillator had a minor change reading today. This looks like a wave 4 bear rally on the Dow, good volume but crap internals. bb