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


To: bobby beara who wrote (45281)4/7/2000 1:16:00 AM
From: Smooth Drive  Respond to of 99985
 
Hello Bobby,

I learned of Hank in a TAOSC interview and subsequently had a couple of telephone discussions with him. Nice man who really believes in Wyckoff.

Regarding the NYSEBP, it's in a column of X's at 44 and just gave a Bull Confirmed signal (double top buy signal).

It's possible (and historically happens again and again) that over the next 5 to 6 months a number of the none darling stocks will go on buy signals. The NYSEBP will rise but -- the DOW and Comp will remain basically flat or take a hit. Big swings but flat at the end. Money to be made but the most difficult months. That's my WAG.

Take care,

Eric