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


To: Crimson Ghost who wrote (49464)5/5/2000 2:51:00 PM
From: pater tenebrarum  Respond to of 99985
 
George i agree...it is likely a head fake. unless the NAZ can clear the upper boundary of the developing bear flag i see a test of the lows coming up next.
today is just the perfunctory unenjoyment report rally. we always get that. and the last three occasions were shorting opportunities.
note: mutual fund cash reserves have now reached an all time record low of 3,8% of assets.

regards,

hb