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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 684.83+0.6%Dec 22 4:00 PM EST

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To: bobby beara who wrote (63883)12/7/2000 1:12:35 AM
From: Death Sphincter   of 99985
 
well i'm thinking theres more than one way to skin a cat, oh,sorry cat lovers, Am I politically incorrect AGAIN?? I think the chef went overboard with the glue after 98 minicrash, it is WAY out there to think 3 is still coming,
5?? not unreasonable for me.... on to whats at hand. and what is at hand is SOME kind of ED. I still believe it is NOT unreasonable that this ED terminated last week. This ED that has been forming has not been a picture perfect deal. It has not had the classic converging wedgie trendlines delineated with 1-3 and 2-4 lines...but it is an ED..a running, never ending, oozing...reminds me very much of.........oh,nevermind. so anyhow, if it DIDN'T end last week at what is labeled '3'on the chart....then it must be continuing as labeled.
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Stenchnot
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