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 690.27

0.0%

Dec 26 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 (43517)	3/18/2000 8:55:00 AM
From: Monty Lenard	Read Replies (3) of 99985

Haim, I know this voo doo TA does not work but here is something I find interesting. On 1/14/00 the DOW high was 11909 and on 3/8/00 the low was 9612. Yesterday the DOW high was 10763. Now here is the math.... 1/14/00 High 11909 less 03/08/00 Low 9612 = 2297 2297 divided by 2 = 1148 Now add 1148 to the 03/08 low ..... 10760 Within 3 pts of a PERFECT 50% retrace....also, the value of the 200 day SMA. close enough for gov't work. <G> Monty

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next