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

To: stockycd who wrote (18720)	6/28/1999 11:07:00 PM
From: sean sanders	Read Replies (1) \| Respond to of 99985

Chris, <some what OT> "Most of my indicators are saying down but a lot of the chart patterns for the major indices seem to be saying up" I'm not sure what your view is on indicators and patterns in general, but I know I used to go through many a indicator as I searched for plays ... I had long, medium, short term this that and etc etc ... I really don't know if they helped that much. Right now I'm stuck on trendlines and patterns. Gave up the ease of movement, RSI, MACD, neg. divergence, stochs etc etc ... I suppose its from getting frustrated seeing a pos. divergence in the MACD, RSI, stochs, this that and then seeing it do nothing or do something 3 months down the road. What do you think of all of that? Sean

To: stockycd who wrote (18720)	6/29/1999
From: Step1	Respond to of 99985

Chris, I thought I would post the link you referred to . smartmoney.com >> Another thing that has me bothering is the turn around of Abby J Cohen. (not that I put any faith in analysts<g>) She has been the freaking bull of bulls and her speech last week almost floored me. << She says 5% overvalued, all is priced in , no need to worry. hmmm. sg