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

To: Saulamanca who wrote (37892)	1/24/2000 4:53:00 PM
From: bobby beara	Read Replies (2) \| Respond to of 99985

add to that the dow and spx did not confirm the new highs in nas, they did at the july top. GE broke out of an H&S top today - plus we closed below zero on McOscillator, nuke bazook the rallies. another sign of the top, my Gold Stock Tecnician newsletter in the last issue, which has been sighting the overvaluation of internet stocks for a couple of years and said "avoid all internet stocks" at the august bottom, had recommended for trades about 20 internet stocks in the jan issue (although he thought the nas would top out around 4400-4700) hows that for throwin in the towel -ggg-