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


To: Crimson Ghost who wrote (59686)10/2/2000 3:05:04 PM
From: bobby beara  Read Replies (2) | Respond to of 99985
 
George, excellent stuff and the yaps are still in GE, but look at below it is sporting an exhaustion wedge that mirrors the rising wedge in the nyse.

that guy mirrors my thinking, that at the march top when the new economy speak was the hottest and the mainstream think was the nasdaq would double the dow in a year or two, the last buyers were buying the top tick in the tech sector,

I've been reading "Contrary Opinion" by Early Hadady -- all the techplayers who think there tech fluffs should go up forever - because of growth or earnings or whatever, should read about the money game, though the book does focus on the zero sum game of the futures market, you can interpolate to the stock market i believe in this instance