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


To: OX who wrote (40771)2/19/2000 4:03:00 PM
From: bobby beara  Respond to of 99985
 
Nice study ox, looks like we need a little more work on the posts and the vix to equal last octobers bottom -g-

stockcharts.com

also i have a five wave count in the recent swing high (early jan) in the nyse advance/decline line, so we should be very close to a tradeable bottom in the "old economy" stocks (is that a contrary indicator -g-) and may get some sector rotation out of the price to fantasy "new economy" stocks -g-

stockcharts.com

also Benkea brought the Berkshire hathaway chart to my attention.

207.61.23.98

It looks like "old economy" Bershire Hathaway got some capitulation volume and reversal.

Buffets been knocked around a lot lately for being out of touch (contrary indicator? -g-)

b

b