MDA - Market Direction Analysis Message Board

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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 652.53

-1.5%

Nov 20 4:00 PM EST

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To: Les H who wrote (63096)	11/25/2000 3:57:35 PM
From: el paradisio	Read Replies (1) of 99985

Yep... when OEX went down 700, a support from Oct/00 low. Fake breakouts are very common now...QQQ,NYA,OEX siliconinvestor.com What can take this market temporary up....a new president,CSCO in DOW 30 stocks,interest 25 points down on Dec 19...and a Christmas rally. Another thing...an oversold Stoch...SPX and COMPX. If you look at 98 correction, Stoch was in better position,then it is right now... And this 200MA line on COMPX weekly charts is acting as support,which is close to rising support line presented in LG charts. siliconinvestor.com el

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