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

To: Terry Whitman who wrote (20338)7/16/1999 11:42:00 PM
From: pater tenebrarum  Respond to of 99985
 
Terry, i agree on the 'make or break' comment. so let's see if they are making or breaking before we pronounce judgment. should become clear soon enough...

hb



To: Terry Whitman who wrote (20338)7/17/1999 12:02:00 AM
From: TimbaBear  Read Replies (4) | Respond to of 99985
 
If you change the chart to weekly and add the momentum as indicator #4, the pattern is still an up pattern, the price is sitting above the 10 DMA, the momentum and stochastics have turned positive....the pattern has become very volatile over the last several years, but there is nothing that I see that indicates a turn-around just yet....looks like a retest of old highs is coming....IMO

iqc.com



To: Terry Whitman who wrote (20338)7/17/1999 9:08:00 AM
From: dennis michael patterson  Respond to of 99985
 
Well Terry, I think you may be right. I have stopped trading the nutz by-and-large because, as I said to bobby, it is so damn hard! They act quite poorly. I pointed to Dclk's action today as an example of a stock that has one great day followed by another down day. Most of the nutz cannot put together 2 solid up days in a row. Very bad, IMHO


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