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


To: bobby beara who wrote (5550)2/5/1999 9:19:00 PM
From: Vitas  Read Replies (1) | Respond to of 99985
 
Bobby, I can feel it in my bones. This is the SLAMMATION pattern.

It didn't make that much sense on January 6th, when the downtrend line in the a-d repelled the advance then, but as we go along, things are truly deteriorating.

In February-March 94 we also had the slammation pattern, and in the middle of it, the NAZ broke out to new highs (March 94) while NYA was waffling. Then the slammation.

You have to love it.

Vitas