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


To: Smooth Drive who wrote (45268)4/6/2000 9:54:00 PM
From: bobby beara  Read Replies (1) | Respond to of 99985
 
Eric, no my introduction to Wyckoff came from Hank Pruden and a couple of MTA meetings.

With this bifurcated market we have in early march seen wyckoff's idealized cycle flip/flop, the oversold old economy stocks bottom because of selling by investors due to fear, and the overbought techs top caused by greed.

obviously the early march turning point proved that the crowd mantra that the nasdaq was gonna overtake the dow was wrong and the arbitrage has continued and probably will for several months

what does nysebp say?

b