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


To: Secret_Agent_Man who wrote (43029)3/14/2000 8:47:00 PM
From: Michael Watkins  Read Replies (1) | Respond to of 99985
 
Bounce? Gee, I hope not. However I always look for the diabolical.

The simple truth however is that on the weekly chart this week will almost certainly go down as a lower high, lower low. And a big range at that. If nothing else, any rally will likely be contained by this bar.

I think some panic is likely tomorrow, seems unlikely that ORCL will fend it off, but whatever, tomorrow, tomorrow, its only a day away.

PS: CRB is a nice mirror image of the SPX don't ya think?

;)