MDA - Market Direction Analysis Message Board

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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 681.53

+0.2%

Dec 2 4:00 PM EST

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To: HairBall who started this subject	3/21/2002 10:02:29 AM
From: HairBall	Read Replies (1) of 99985

Wilshire 5000 Chart... An ancient Druid trading formation, the "Double" BATWING is being traced out by the price action in the Wilshire 5000 Index. This formation used for trading slaves and whores during the dark ages may be ancient, but it was extremely reliable per my sources. This could portend a very bullish move after a contraction to the 38.2% retrace level (10623) or the 50% retrace level (10512) or as low as the 61.8% retrace level (10400) of the Feb move up. A retrace to the 61.8% level would plot out a complete second wing...<g> My QChart “Intraday Daily” TMX (Wilshire 5000 Index) Daily Semi-log Chart can be viewed at the link below. Click on Chart 1 lgscharts.homestead.com Regards, LG Disclaimer: The above is my opinion only and I reserve the right to be wrong. An overall market expectation is just that and should not be used in exclusion of the evaluation of individual equities or other investment instruments. Do not base any investment decision solely on any one person's views or analysis, especially an anonymous message board poster such as myself. Do your own research and take responsibility for your own investment decisions.

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