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

To: Psycho-Social who wrote (83581)	12/18/2002 10:49:26 PM
From: bobby beara	Read Replies (1) \| Respond to of 99985

I'm expecting a push from large institutions to lift the DJIA higher into year-end for its PR advantages and to make the year-end Statements look less bad<<< so far after the top made at the beginning of december the averages have collapsed, it appears that there may have been a bear market buying exhaustion (shorts capitulating) during the rally off the mid november lows into the dec 2nd. right now there doesn't seem to be any strength on the bull side, the averages are needling on the edge of a major breakdown. stockcharts.com[w,a]daclynay[dc][pb50!d21,2][iUb14]&pref=G