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

To: Michael Watkins who wrote (39453)	2/8/2000 9:58:00 PM
From: bobby beara	Read Replies (3) \| Respond to of 99985

- Gaps out of congestion happen on the COMPX but not that often, and there's precedence for them being exhaustion moves,, M, the gap off the october congestion pattern produced a mega rally, i would say the bearishness produced at the recent lows was not quite at that level, but should not be ignored. i'm with you, let the market tell us, for now the trend is up and until is see an exhaustion reversal, per the two jan tops, i'm super bullish on a fifth wave tech blow-off. b