MDA - Market Direction Analysis Message Board

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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 674.96

+0.9%

4:00 PM EST

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To: HairBall who started this subject	1/30/2001 4:16:54 PM
From: ken-l	Read Replies (1) of 99985

LG, i think we both agree that compx is still trading 'within' the bullish flag that started from the top @2892+/- !!! i was wondering if u can confirm the smaller bear flag trading within the larger bull flag formation !!!!! if what i'm seeing is correct, i think compx has traded/broke the short term rising channel/bear flag to the bearish side of the equation during the last hour today <the bottom of the channel started from friday's low> !!! couple that with the peaky sentimental indicators, and the indecision 'doji' ..... i think i'm scared <GG> !! but then again ... i could be wrong !!!! regards, auto

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