Replies to post #7395 on MDA - Market Direction Analysis (MDA)

[deuce bigalow]

You may have seen this chart I posted on zeev's thread.
Well today the dow did a tail off 9000 and C did a tall tailed doji, so no cigar for the bulls, maybe you caught a top, as they say, we shall see, i did read on one of these threads today that richard rhodes was the last bear to capitulate in some goo-roo trading contest -g-

[deuce bigalow]

LG, i haven't tracked this indicator for a long time - though have looked at it at recent top areas, like last november, but after seeing that QQQ june put / call make-up from impristine, i decided to check this one out, it's a rare occurrence that has only happened at major turning points during the bear market (cfz posting <50), on Saturday the clown free zone had 41 posts, on sunday 35. Though I don't track it that carefully and i could be wrong there may have been times in between then and now (i doubt it) the last time posting had reached these meek levels was on the Saturday before the March 2002 top =g=