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Strategies & Market Trends : MDA - Market Direction Analysis

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Jan 9 4:00 PM EST

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To: Haim R. Branisteanu who wrote (39841)	2/11/2000 7:05:00 PM
From: bobby beara	Read Replies (2) of 99985

Haim, there are some interesting trendlines showing up on the dow, i'll do that chart. The Dow has broken the uptrend from october 98 on a big black weekly candle, but is also sitting on the neckline of the upwardly angled inverted H&S pattern from the October 98 low, this would be a retest. Also the McCllellan Oscillator has broken down from the parallel channel uptrend from the 8/11 washout low, but not on a big move. Will Monday be a massacre, a bottom, or a reprieve for new economy types to put in another gilligan's island. The XAU also has a triangle off the recent pole, it's waiting for the answer also. b

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