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


To: Jorj X Mckie who wrote (37321)1/13/2000 1:15:00 AM
From: bobby beara  Read Replies (2) | Respond to of 99985
 
JXM, what did any pnf indicators say in july/october 97 just when world markets were euphorically topping amid the HK takeover and the seemingly success of capitalism in former monarchies of russia and china.

in october 97 before the world markets crashed, us market internals were peaking.

Pnf may be good, but like any other form of market timing is not infallible.

at the ultimate bull market peak, most are bullish and relying on bullish indicators, indeed the top timers are all bullish, (ord just turned bullish - one of the last holdouts)

b



To: Jorj X Mckie who wrote (37321)1/13/2000 8:22:00 AM
From: pater tenebrarum  Read Replies (2) | Respond to of 99985
 
thanks...btw, what's the P&F verdict on the bond?

hb