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

To: KeepItSimple who wrote (44835)	4/4/2000 4:57:00 AM
From: Benkea	Read Replies (1) \| Respond to of 99985

NOW, he updates it <g>. urbansurvival.com First time in a month he updated his site that used to be updated weekly prior to that. He'll be right someday. :)

To: KeepItSimple who wrote (44835)	4/4/2000 4:48:00 PM
From: pater tenebrarum	Read Replies (4) \| Respond to of 99985

KIS, re: 1929, if i may, a little correction here: you are right, the big NY banks got together to save the market and it recovered from a big intra-day sell-off not unlike today's action. however, the bottom did not fall out the NEXT day. what followed were two slight up days, with remarkably little in terms of price swings, but extremely heavy trading volume. it was during those two days that the bankers got out of their positions. only on the third day after the big bounceback did the bottom really begin to fall out. regards, hb