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


To: Boplicity who wrote (67384)1/21/2001 11:43:31 AM
From: bobby beara  Read Replies (2) | Respond to of 99985
 
the latest from the fat lady -g-

preciouswaves.com
the nyse is fighten da fed mon, the nyse new trin went from fully oversold on 10/18 to fully overbought going into new year, since then all the major old eco indexes have rolled over, drg, uty, xoi, rlx, insurance, etc and there has been boffo rotation into tech, so much for all that new year money coming in to rock n roll the markets

so here is the coin toss:
the fed saves the day
preciouswaves.com
the fed goofed and more work needs to be done and the economy is in for a hard landing
preciouswaves.com

the triangle implies that a strong move one way or the other is coming in the following weeks.

preciouswaves.com