MDA - Market Direction Analysis Message Board

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Strategies & Market Trends : MDA - Market Direction Analysis

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To: Les H who wrote (48724)	4/30/2000 5:52:00 PM
From: Michael Watkins	Read Replies (2) of 99985

Les - re that chart, charts3.barchart.com conversly a move up and hold above 96 ^30 might well prove to be the bottom end of this move down, defining a congestion zone. Too early to tell. Bonds have moved up pretty strongly, fundamentals aside, its normal for something to move sideways before continuing course. Conversely, the COMPX moved down pretty strongly. its normal for something to move sideways for a spell before continuing on course. Change the chart perspective to monthly or weekly for either and things change once again LOL, its do or die time that's all. Normal confusion reigns. Cheers mw

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