MDA - Market Direction Analysis Message Board

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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 681.76

-1.1%

Dec 12 4:00 PM EST

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To: Doug who wrote (73107)	3/22/2001 10:32:10 PM
From: el paradisio	Read Replies (1) of 99985

Doug, <SOX did D.B...> that's what I was pointing to BB,but it looks, one wave down is missing... Well, looking at the daily chart, we have a perfect D.B bottom with 2 lows between Dec and now. Looking on weekly chart...the future is still unknown,because resistance is coming and only fast move to the upside may take it out. NDX will not make V recovery...I expect W or a cup after such huge decline. INDU may form V, like it did last year when it dropped below 10,000. Regards, el

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