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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Vitas who wrote (17939)	6/20/1999 2:57:00 AM
From: Doug R	Read Replies (1) \| Respond to of 99985

Vitas, Take that chart and draw a line from the October low across the March high. It is not a valid breakout...yet. Stay FAR away from horizontal lines of support/resistance. This IS crunchtime. A very probable headfake is set up. Monday is up as far as I can tell. After that the big money will make a decision as to where the market goes. This week is not the time to try to second guess big money. Once the decision has been made, follow the money...but until then...this is a week to go on a picnic...with plenty of cash. If Monday is not up, the Big Kahuna thread will be getting some airtime all week. I threw in a few edits on this string of posts so you should review them. Doug R