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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 689.46-0.9%4:00 PM EST

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To: HairBall who started this subject1/30/2001 10:17:42 AM
From: ken-l  Read Replies (1) of 99985
 
COMPX

careful not to step into the bull trap !!!

i really think compx is heading lower to test the neck line/the lower trend line of the bull flag in the mid 2600's ahead of the announcement !!!

however if the support wont hold, it's dead !!

on the other hand, if compx'll be able to break the overhead trend line of the flag <resist @2860+/- this morning - mentioned in the post last nite - GGGGGG>, the bear should probably get killed !!! but what's the chance when the compx is floating at the overbought sentiments in all of its charts !!!

but then again ... what the heck do i know !!

regards,

auto
=)
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