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

To: Bull RidaH who wrote (9873)	4/5/1999 9:37:00 PM
From: bobby beara	Read Replies (3) \| Respond to of 99985

BK, this fund manager is on fire bway.net up 4% today. an alternate read on that chart is that today is the top of an extended wave 3, we should have a correction then a final leg up over the next several trading sessions. aol looks toppy, unless we get a fifth wave extension. on a closing line chart SPX looks like a bearish ascending wedge (albeit flat top) which would be the fifth wave (3/19 being the wave 3 tops) Gillette warned today. new lows beat new highs on the nyse and volume sucked - new closing high on the spx, the trap is laced with honey and a horny cow, when the steel door shuts it's hamburger -g- bb