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


To: John Rowton who wrote (73342)3/26/2001 10:06:19 PM
From: bobby beara  Respond to of 99985
 
John, the overall numbers tell the sentiment, thats includes your averaging in doods, maybe when they give up averaging in we get a bottom -g-

your averaging in doods could be the same doods that averaged in after the bullish sentiment peaks of 1929 or 1966, 68, 73,

long after bull market peak glory,

we don't know if that is true or not,

but a wise sage once said, below the 200 dma sellers rule, above the 200 dma buyers rule.

during the superbull market of the last decade that hasn't worked well for more than a few months, it might work really well if we've just seen the top.