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

To: bobby beara who wrote (71913)	3/12/2001 4:14:22 PM
From: jmootx	Read Replies (2) \| Respond to of 99985

Yep proved to be so Interesting. This is the first time in U.S. market history of bear declines in a major indice that capitulation in terms of what we seen today happened at this point both in time (12 months or more after the peak) and in terms of decline ( after a 60% decline). Certainly we will trade up at some point, but this bear is unchartered territory at this point. Throw out history now-- this is a new definition for the trading log. Amazing the VIX refuses to go above 35-36, unlike 1998, 1997, 1987 etc.

To: bobby beara who wrote (71913)	3/12/2001 4:43:20 PM
From: el paradisio	Respond to of 99985

It looks, INDU broke to the downside the famous diamond pattern today... SOX....important support in play. Below 575, Bobby Beara wave 5 is coming....<g> Regards, el