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

To: Casaubon who wrote (82813)	3/12/2002 1:27:44 PM
From: bobby beara	Read Replies (1) \| Respond to of 99985

nice chart, that guy could be right, but in this chop n slop market if you stay bearish long enough you usually get to be right -g- besides that $volume chart in an area of resistance, most indexes are hitting up on 70 rsi area, john murphy noted that over 70% of nyse stocks are above the 200dma and the dow jones transports are in the area of 3000 that has been an unlucky # stockcharts.com[w,a]daclyiay[df][pb10!b21][vc60][iUb14!La12,26,9]&pref=G and the trans has the best looking five wave count of all the indexes, would like to see more bear klowns destroyed though and more call buying to indicate the extreme in optimism that crosscurrents is declaring.