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 691.66

-0.1%

Jan 16 4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Benkea who wrote (47131)	4/18/2000 2:09:00 PM
From: bobby beara	Read Replies (1) of 99985

benkea, the nasdaq downtrendline comes in at around 4k-4100, which may be a resistance point, but i would just trail stops, we've had a completed ABCDE test of the trendline and the 200 dma on nasdaq and today if we finish strong into the close we may have a 90% upside volume day with a/d strong at 3 to 1 (and putting in mornings star candlesticks on a lot of the really oversold buggers), dennis finally thru in the towel and went bearish yesterday -gg- maybe the topping pattern on the nasdaq will end up being a failed H&S pattern with the gap being taken out today, time will tell. b

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next