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 687.86

-0.4%

4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Grandk who wrote (47448)	4/20/2000 1:37:00 PM
From: Paul Shread	Read Replies (2) of 99985

J. Kenyon and heinz, For the heck of it, I took a look at the 5 and 10 year charts for the Dow and S&P too, in addition to the NAZ. These are just quick eyeball readings, but here's what I came up with: the Naz was way out of its channel and is just coming back in now, with a possible downside to 2000; the S&P is a little out of its channel still, with possible downside to 1200; and the Dow, remarkably, has stayed within its channel and should not go lower than 9700, and thus appears to be the safer place to be. Thoughts, anyone? Paul

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next