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

To: American Spirit who wrote (56609)	7/15/2000 1:49:52 AM
From: John T.	Read Replies (1) \| Respond to of 99985

American Spirit -- I think you are a contrarian indicator <gg>. In the spirit of friendship, and with no ill will intended, I make the following observations: The last time you posted a flurry of enthusiastic, bullish messages on MDD was between June 13th and 20th. On the 20th the SPX topped out at 1487 and corrected down to 1434 on June 29th. Incidentally, you posted several messages on June 16th, which was a full moon. Since your last message on MDD on June 20th, the SPX has rallied and is, in fact, completing a 5 wave rally up from the lows of June 29th. (See chart: home.swbell.net ) Today, you started posting another flurry of bullish messages. Also, there is a full moon on Sunday, July 16th. Check the moon phases at: aa.usno.navy.mil You are not alone in your bullishness. I've noticed a sharp increase in the number of bullish messages being posted on SI and Yahoo. When the crowd becomes highly bullish, it pays to get ready to sell.