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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 671.91

0.0%

Nov 14 4:00 PM EST

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To: KymarFye who wrote (66330)	1/9/2001 9:03:03 AM
From: Boplicity	Read Replies (2) of 99985

Yes, all true. Looking at it from your perspective, NTAP is working off the selling, and the volatility is decaying and the base is spreading out as the stock gets ready to breakout. Given the shot across the bow from NOK this AM, which also formed a descending triangle by the way, I doubt a break out to the upside will happen in NTAP today at least in the AM. <g> At what point would you say that yes, NTAP has broken out and is on it's way? Greg

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