MDA - Market Direction Analysis Message Board

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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: HairBall who wrote (77720)	6/1/2001 5:18:30 PM
From: Saulamanca	Read Replies (1) of 99985

LG, It`s always nice to know what you`re thinking. Your starting point on the top trendline is the high of 1975 and your bottom trendline starts with the low of 1974 but cuts off the 1990 lows. If you cut off the 1990 lows why not start the bottom trendline from the 1975 low and hit the 1982 and 1987 lows which would put the trendline at about 1357 today and call it the 1975 megaphone? Regards, Jim

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