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

To: Michael Watkins who wrote (39407)2/8/2000 9:04:00 AM
From: Terry Whitman  Read Replies (1) | Respond to of 99985
 
Yield.com' LOL- Did you coin that term?



To: Michael Watkins who wrote (39407)2/8/2000 10:32:00 AM
From: bobby beara  Read Replies (2) | Respond to of 99985
 
Michael Watkins, several factors have kept me from trying to time a top in here, two fridays ago we hit 24 9 day rsi on spx, lowest since 8/11 (produced a two week rally), we also had an oversold 1 day trin of 1.5, also the nasdaq produced a very nice hammer on the next monday on what could have been the bottom of an ABC correction from the 1/3 high.

the nasdaq is gapping to new highs, the bulls are in control for now.

b


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