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

To: Crimson Ghost who wrote (69164)2/14/2001 11:02:51 AM
From: el paradisio  Read Replies (1) | Respond to of 99985
 
Today is a short term bottom...
That's what my balancing analysis is showing...
Charts are still bearish...yesterday closing produced many bearish engulfing patterns,which are still valid.
Regards,
el



To: Crimson Ghost who wrote (69164)2/14/2001 12:13:39 PM
From: Doug  Read Replies (2) | Respond to of 99985
 
G.S.C: A market bottom occurs when Investor sentiment collapses. Since March 00, the Put/Call ratio exceeded !.0 once only on 18 Oct despite current new lows. Its way down now. Bullish sentiment as per Inv. Intell. is 61.8% the highest it has been in 14 years.

There are enough signals out there.


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