MDA - Market Direction Analysis Message Board

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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 660.19

-0.8%

4:00 PM EST

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To: bobby beara who wrote (41764)	2/29/2000 4:13:00 PM
From: Michael Watkins	Read Replies (3) of 99985

I vote for trap myself, but we'll see. I also tend to see the COMPX as a wedge rather than a H&S, but I think thing we are saying is the same, if it heads down it will have trapped many players long. intelligentspeculator.com Here, lets bet a nickle - I think there is a high probability that the COMPX will gap up at the open, and then sell off, creating dark cloud cover and rest on the upper boundary of the trendline. Then the next day will be more interesting as things play out... Now this is just idle musing, I won't be trading on this!!!! LOL

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