MDGF - Market Direction by Gut Feel ONLY! Message Board

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Strategies & Market Trends : MDGF - Market Direction by Gut Feel ONLY!

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To: el paradisio who wrote (386)	7/1/2000 7:11:23 PM
From: Stcgg	Read Replies (2) of 410

I Don't Buy The Trading Range Scenario - Looking at the COMPX Daily, the gap up to the Island is full of distribution (Red Bars), and looks like a Bull Trap to me.. No bullish characteristics to it, aside from it's obvious positioning above the index's 200ma.. Why would the funds dump if we're heading into a trading range up to Naz 4500? Why are the tech Insiders selling so heavily? stockcharts.com[PB200!F][VC60][I] >><<

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