MDA - Market Direction Analysis Message Board

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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 695.17

+0.2%

Jan 12 4:00 PM EST

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To: AllansAlias who wrote (47078)	4/17/2000 11:01:00 PM
From: Square_Dealings	Read Replies (1) of 99985

Alan if we do close that gap you might want to wait for it to get through 3724 which i have as 38% fib retrace of this incomplete 3rd wave down. If we clear that then Im looking at 3870 as most likely place to turn back however (50% retrace and a whole lotta resistance around there). The 3rd wave down got cut short by the plunge protection team running all those undervalued techs stocks like RFMD pe 174 SDLI pe 425 AMCC pe 387 JDSU pe dont bother But definitely thinking like a criminal as LG says has been working well for me lately <g> M.

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