MDA - Market Direction Analysis Message Board

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Strategies & Market Trends : MDA - Market Direction Analysis

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To: bobby beara who wrote (7368)	3/3/1999 5:18:00 AM
From: Arik T.G.	Read Replies (1) of 99985

BB, I agree with your read of the Naz composite. - The big volume distribution from 1/6 to 2/5. - The bearish 5th leading to the top. - The H&S pattern pointing to the 200 MA area (target 1885). But one cannot say weather the fulfillment of that target would constitute C of 2 (only correcting for the 4 months rally) or 3 of 1 of A (correcting for a much larger scale). ATG

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