MDA - Market Direction Analysis Message Board

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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 670.21

-1.1%

Nov 6 4:00 PM EST

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To: KymarFye who wrote (63339)	11/29/2000 2:50:24 PM
From: HairBall	Read Replies (1) of 99985

KymarFye: I found a little time to catch up on my SI reading...<g> I noticed some are still discussing the now infamous Dow Diamond Pattern...heck, I just changed the name on my charts to Dow Rhinestone Pattern...LOL Nice little intraday rally in the AM today. As I type, the last of the NAZ Indices falling support lines are being penetrated once again, third time for the COMPX and fourth time for the NDX and NAZ Emini. Decision point for the NAZ, time to rally if it is going to do so. If the NAZ price action declines much further below the support lines that will likely produce an accelerated decline. Time/Sales action in CSCO seem to be struggling to prevent just such an acceleration... Regards, LG

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