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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 670.92+0.1%Nov 7 4:00 PM EST

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To: Casaubon who wrote (72466)3/17/2001 2:19:03 PM
From: KymarFye  Read Replies (2) of 99985
 
OK - did you mean maybe the line you can draw from the early 91 - 95 lows - also happens to intersect, as a trading channel the key lows all the way to '75 - violated only by Saddam crash in '90, never re-visited after '95? Could be a good thought... Would be passing through 1462 today, and rising, of course... Could intersect higher support (?) levels in the coming months... Guess the last Bull wouldn't give in until the absolute lowest trendlines... from '74 low or '75 through Saddam low were taken out...
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