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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 659.03+1.0%Nov 21 4:00 PM EST

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To: pater tenebrarum who wrote (13691)5/12/1999 6:22:00 PM
From: Compadre   of 99985
 
Heinz Blasnik: I am beginning to believe you. Specially after today's action in the NDX.

As I mentioned yesterday, one of my trend indicators turned North. Today I have confirmation from W%R that the rend is up. MACD was positive also. And today is the first day that there has been some noticeable accumulation. Many indicators that I use have buy signals confirming this. This is the point were I am almost certain that the NDX will be getting a new high in the next couple of days.

If this is a bull trap, I has got me fooled.

Regards,

Jaime
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