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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 683.47

+0.6%

Nov 28 4:00 PM EST

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To: Crimson Ghost who wrote (70001)	2/22/2001 11:06:16 AM
From: HairBall	Read Replies (4) of 99985

George S. Cole: I agree. However, just as often they are bought and or sold in advance as well. That is why we need to look at intraday "real time" technicals as price action approaches the intersections... Next test of any reversal (to see if it is for real) will be a rise above previous support now acting as resistance. COMPX's first test should be the 2250 area. The fun begins at the first test, usually with an initial repel and often retest of the lows, challenging resolve and commitment! Regards, LG

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