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

To: Compadre who wrote (3096)	12/30/1998 7:50:00 AM
From: Debra Orlow	Read Replies (2) \| Respond to of 99985

It is my opinion that we are going down big-time (at least 1/2 the runup since Oct). Might not be today or tomorrow, since the manipulation by the money managers is running rampant and they want to save their butts (as well as their bonuses) for the year, but it IS going down very soon. Has anyone looked at the 3-month cycle MACD bearish divergences in MOST of the major indices??????? NDX, OEX, SPX, RUI, LSX, OLX, Nasdaq Comp, as well the SPY!!!!!! They were confirmed by the stoch as of last night. And even some of the stochs had bearish divergences!!!! I've never seen such a prettier setup since the opposite bullish setup between late Aug and early October. Ok, once in awhile you get it in an index or two or three, but this is unreal for them all to set up at once! And symmetrically with the opposite signal in October! ALL PREVIOUS MENTIONED DISCLAIMERS APPLY BWTFDIK Debra