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

To: Dnorman who wrote (10359)	4/8/1999 9:49:00 PM
From: bobby beara	Respond to of 99985

Dennis, it looks to me it is headed back down to the bottom of the channel and is looking like we could be headed back for another round of deflation. Many commodities like cocoa and coffee have broken to new lows out of bearish patterns. The CRB has what looks like a failed inverted H&S. Big reversal in OIL. We could break the base in the osx and go to new lows even, it reversed hard right off resistance. I think probably in the next correction (crash?) everything will go down and the only way to make money is be short. A REAL FLUSH! bwdik, bb