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


To: John Pitera who wrote (2558)12/21/1998 11:30:00 PM
From: bobby beara  Respond to of 99985
 
John, we may be in a failed inverted H&S on the Nikkei also. The downdraft in commodity prices (broke out of narrowing bollingers in November) is telling us a much different story than what equities are saying.

New lows in the CRB have proceeded market corrections this year.
It was particularly bearish for the CRB to retouch it's 195 neckline and fail it on the Iraq story.

bb