MDA - Market Direction Analysis Message Board

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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 684.83

+0.6%

Dec 22 4:00 PM EST

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To: Tom Pulley who wrote (83475)	10/24/2002 9:01:29 PM
From: el paradisio	of 99985

If it would be a 5' chart,I would be buying it....double bottom,looks like a bull flag (ng). Cash from crashing bonds and gold stocks should join the party. The only thing I'm not sure about are overvalued stocks like FRX,APOL,STU,BZH...what will happen to them? Nasdaq is rebounding from rising monthly 200MA and the lower Bollinger band,both should act as a strong support. stockcharts.com[w,a]maclyyay[d19900101,20021022][pb200!d20,2][vc60][iUb7]&pref=G el

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