MDA - Market Direction Analysis Message Board

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Strategies & Market Trends : MDA - Market Direction Analysis

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To: Techplayer who wrote (64227)	12/13/2000 11:42:38 PM
From: bobby beara	Read Replies (1) of 99985

tp, the xci didn't break out of it's falling wedge, like nasdaq and turned down of it's top trendline yesterday, i feel pretty confident we going to make a new low in this index, one of the groups that helped the nas break out of the falling wedge going into 11/30 was the high profile networkers, cien, jnpr, brcd, csco, but a lot of those rallied into resistance and seemed to have swallowed up a lot of the money on this rally and went into gaps and resistance areas. i think jim carrey will steal this christmas, but only dumb and dumber could pass up the deals that will be set-up for the new year -g-

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