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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 692.27+0.3%4:00 PM EST

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To: HairBall who wrote (67320)1/20/2001 10:26:44 AM
From: minorejoy2000  Read Replies (1) of 99985
 
LG,
I see the first two charts are recipricals of each other, so they should be mirror images, except for the scales used. But I don't know what a linear regression is or the significance that the LR line crossed over to the other side of the MA (or the other way around) for the first time around March 2000. Is that only because the MA was skewed by the blow off top? Would that imply that the LR line is the more significant very long term support/ resistance?
M
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