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


To: Compadre who wrote (14495)5/20/1999 2:28:00 PM
From: bearshark  Read Replies (1) | Respond to of 99985
 
One thing that really bothers me is the similarities between--what has happened this year and what my data shows may happen in the near future--and-- what actually happened in 1998. It looks very similar.

In both years, we came off of inverted H&Ss and met their expectations. Then we had a rounding top in May 1998, a new high, and then the drop in July. However, I cannot fight what I see. Anyway, I will not set positions until June or possible a little earlier.