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Strategies & Market Trends : MDA - Market Direction Analysis

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Nov 14 4:00 PM EST

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To: HairBall who wrote (17625)	6/16/1999 9:22:00 PM
From: HairBall	Read Replies (2) of 99985

To All: My charts are updated tonight. The "featured stock chart" is still GE. However, it looks much different tonight. As instead of testing the lower trend line of the descending triangle it has now penetrated the upper trend line of that formation. Amazing what a single day of trading can do...<g> The "featured index chart" is a repeat from last week, the OEX. This is again a QCharts Chart. The interesting perspective is to note how a formation with in a formation can be resolved, but still not dominated the overall trend forecast by the larger formation. This Index was the one illustrating the EMail I received last week from a non-member lurker. Also, I have the new BLINKER-MUELLER collaboration for their 30-Day Index Forecast of the DJI, COMPX and RUT3000. I have not loaded them up yet, but I will be back to announce when they are ready for viewing. In addition, I going to put up a few new words on the BWDIK page, later this evening. To view my charts on my chart page on the MDA Web Site you can find them at: homestead.com Regards, LG

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