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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: Saulamanca who wrote (77692)	6/1/2001 9:11:09 AM
From: HairBall	Read Replies (2) of 99985

Jim Bryan: My "End of Day" NASDAQ Composite Charts...I hope you find them worth the look! My WOW End of Day – COMPX (NASDAQ Composite) Daily Semi-log Chart marketdirectionanalysis.homestead.com Wider View marketdirectionanalysis.homestead.com My "Updated" COMPX charts. As pointed out with my previous posting of this chart, the Naz Comp topped as it tagged the resistance line of the 74 Rising Megaphone in March 2000. Notice where the Naz Comp pivoted in April, just above the support line of the 74 Megaphone. The only breach of the 74 Megaphone was in 1990 resulting in an Adj 74 Support line also plotted on the charts. If the 74 Megaphone holds, the bottom is in for the NAZ... How to Interpret My Charts marketdirectionanalysis.homestead.com Regards, LG

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