MDA - Market Direction Analysis Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : MDA - Market Direction Analysis

SPY 680.28

-0.5%

4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Haim R. Branisteanu who wrote (25645)	9/13/1999 6:59:00 PM
From: bobby beara	Read Replies (2) of 99985

Haim, i believe the comp/ndx has completed a rising wedge from the 8/25 high and the 8/31 low (shows up very nicely on csco and dell charts) and the techs have completed a 5 wave rising wedge from the march lows. even though there is plenty of bearishness around i hear nothing but bullishness on tech and everbody is overweighted in tech - lots of supply. I believe the triangle developing on the spx is a B wave similar to the b wave triangle off the internet top. Friday was another bull trap - exhaustion gap that got filled and closed on the low next trading day. bwdik (larry, moe, curly and shemp -g- chart to follow -ggg_) i guess i overlooked the 4th stooge -gg-

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next