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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 660.19-0.8%Nov 18 4:00 PM EST

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To: James Strauss who wrote (76133)4/29/2001 5:24:41 AM
From: Jimbo  Read Replies (2) of 99985
 
James - this is crucial "In the meantime, a 17 month trendline back to October 2000 when
the Nasdaq was at 3500 will be tested in the 2250 area in the next two weeks..."

A break above that treadline is the key - until then we can still say the NAZ is in a downtrend.
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