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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 688.98+0.5%Jan 22 4:00 PM EST

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To: eichler who wrote (79897)7/10/2001 4:20:51 PM
From: el paradisio  Read Replies (1) of 99985
 
Well,I always look at some major players,together with the support lines for the indexes... the gap COMPX 1940, NDX 1600 or QQQ 40 should hold for now.
IBM is coming to the important support 100-101, AOL is holding support at 50, QCOM, is filling the gap at 59,
DELL is holding above 25, SUNW is holding the support at 14,
NT..is holding support (I use it for the performance of NWX).
NWX broke down, but should recover tomorrow and I think this is the bottom for NWX.
BGEN strong support at 50....and so on...
Mid term, COMPX may test 1850 or lower...not now IMO
Regards,
el
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