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Strategies & Market Trends : MDA - Market Direction Analysis

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To: Magnatizer who wrote (1081)	12/9/1998 4:19:00 PM
From: Jon K.	Read Replies (1) of 99985

David, good to have a friend on the same boat. Hope this will work out for both of us. I am a newbie in TA. A few days ago, I saw a posting mentioning about right shoulder formation before further down fall. I am looking at the daily chart of DJI today and it seems the shoulder has formed. Is this considered to be a shoulder or was he talking about something else? If you or anyone can help me out, it would be very much appreciated.

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