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 670.21

-1.1%

Nov 6 4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: HairBall who wrote (42187)	3/4/2000 10:17:00 AM
From: Jerry Olson	Read Replies (1) of 99985

LG just looked at the SPX and OEX P&F charts... both are at resistance here..esp. the SPX on the 15 box chart.. if we break thru that line we'll move substantially higher..if we reverse down from there..this could be setting up the mother of all triangles... we can draw a new downtrend line from the top at 1470 on a 45 degree angle right to this point of 1410... from below the uptrending line comes from 1335ish...and of you put them together the middle of those two would be 1380... so to me this juncture finally is critical in P&F terms... doesn't change my trading tho...i am still long, have not purchased 1 put...and do not see any need to waste dollars .... i hope everyone enjoyed PANL....so i'm 2 outta 3...ain't bad<VBG>.... WAVX reversed back up here folks...has legs and news coming...i like ADSX too bought 1000 shares at 15... this NEXL looks nice...so many...whew!!!! regards..OJ

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next