MDA - Market Direction Analysis Message Board

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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 670.92

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Nov 7 4:00 PM EST

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To: KymarFye who wrote (63793)	12/6/2000 11:41:23 AM
From: John Madarasz	Read Replies (2) of 99985

I see the Dow Diamond has disappeared again. Or was it stolen? No, it wasn't stolen and it hasn't disappeared either. The diamond formation can still be found in the site on the weekly charts. As you know securitytrader posts both weekly and daily charts for the stocks and indices they follow. FWIW the bearish diamond formation was still in play, and breaking down as of last weeks latest chart. I don't think however that many chart formations can be read with as much certainty as usual due to this volatile and uncertain election induced environment...also, security trader wasn't the only one to recognize this unique pattern... A Dow Diamond gold-eagle.com Regards, and good trading, John M.

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