MDA - Market Direction Analysis Message Board

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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 694.04

+0.7%

Jan 9 4:00 PM EST

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To: Benkea who wrote (48246)	4/26/2000 6:51:00 PM
From: HairBall	Read Replies (1) of 99985

Benkea: ST and I seem to often agree. Actually I think the only way one could draw that upper trend line is using intraday interval points. But that is just one of my "own" rules. (Can't use the last bar on the chart as a point reference...<g>) The 60-Min Chart I posted of the COMPX with a pennant formation at 13:00 ET today, mirrors ST's analysis...and that may be how he get's there as well (intervals)...he's good! Regards, LG

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