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

To: fedhead who wrote (5346)	2/3/1999 6:39:00 PM
From: donald sew	Read Replies (2) \| Respond to of 99985

Anindo, The CRB is still precariously low, which is not giving a signal of recovery. Im no expert in economics so I will leave that to others, except to say that the CRB charts dont look great. I dont make decisions on one day movements in the market, but I have never said that the market cannot move up, just that there are more negative technicals signals than positive technical signals. The technicals are implying negativity, so if the market does move up more the liklihood is that it may not stay up there too long and that the upside is quite limited. Hey the technicals could be dead wrong this time. seeya