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

To: UnBelievable who wrote (54605)	6/19/2000 5:51:00 PM
From: bobby beara	Read Replies (2) \| Respond to of 99985

unvelievable, stop reading the news and read the charts, we had a breakout today above resistance on oex, spx, ndx, another strong up day tomorrow will break the uptrendline on the vix, from july 99. everybody is talking about oil prices, you should be shorting oil, five waves up, les provided a chart last week. many key tech players have broken to new highs or are near a breakout. The bears had to hold 800 oex, tomorrow is their last chance, they better come up with something good, like that wachovia story, to stop this. b

To: UnBelievable who wrote (54605)	6/19/2000 6:47:00 PM
From: John Madarasz	Respond to of 99985

Oh yes it does... ...they only warn that the time to get out/short is drawing near. last time a record low in the Rydex ratio was recorded, it took about two/three weeks to produce a sell-off. it is btw. very common to find bullishness at a secondary, lower high to actually be greater than at the all time high that preceded it. to achieve that, we need a bit more of a rally, preferably a technical break-out in several indices to convince the last doubters so they can be trapped. Message 13878580 Message 13878391 Message 13907961 Works for me...<ggg> Fool me once, shame on you. Fool me twice... Best Regards, John M