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


To: pater tenebrarum who wrote (40915)2/21/2000 10:52:00 PM
From: Gary Burton  Read Replies (2) | Respond to of 99985
 
Heinz--Prechter no longer is talking 13000---When the DJ retraced more than 78.6% of the rise from 9976 last Friday, they turned bearish and are now saying that 11750 is the top (at least for awhile)



To: pater tenebrarum who wrote (40915)2/22/2000 1:03:00 AM
From: smolejv@gmx.net  Read Replies (1) | Respond to of 99985
 
>>can't really identify with his mega bearishness<<

Dont chalk it up to Prechter himself; its the mega PA system of followers, spreading the gospel. It's the goodwill effect at its best.

dj