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


To: Peace who wrote (45706)4/12/2000 10:57:00 AM
From: pater tenebrarum  Respond to of 99985
 
Peace, i am aware of that count....the reason why i don't agree with it is that the sentiment indicators have been in extreme territory for so long now. likewise insider selling is at its most blistering pace ever. admittedly that's mostly in the tech stocks, but the effect is an increase in the total trading float. the market will need enormous inflows of fresh cash just to tread water...

regards,

hb



To: Peace who wrote (45706)4/12/2000 11:48:00 AM
From: pater tenebrarum  Read Replies (2) | Respond to of 99985
 
Peace, here's an interesting view on the longer term wave count picture for all the major indices:

csf.colorado.edu

regards,

hb