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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 670.31-1.1%Nov 6 4:00 PM EST
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To: Benkea who wrote (38291)1/27/2000 8:42:00 PM
From: dennis michael patterson  Read Replies (2) of 99985
 
b, on the Security Traders NDX chart, at the end of Nov/early Dec, the chart looks like a wedge that is about to fall. Then it reverses up and the trend continues. Did something happen at that point? TA would suggest that then, as now, we would tank. But we didn't. In fact, if one were short, the shorts were incinerated. I find this market so hard to call. especially these constant pops and drops. Now that I have the rythym, I know they'll change the music.
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