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

To: Lee Lichterman III who wrote (20359)	7/17/1999 1:19:00 PM
From: TimbaBear	Respond to of 99985

Took a look at some of your charts for the first time....nice site!...interesting music....The DELL chart (#8): if I draw a horizontal line from the peaks at 4/26 and mid-May and extend the line to the right and then draw another line connecting two recent lows, I get what Magee calls a right triangle which is quite bullish....do you see the same thing? I am sorry to hear that your daughter is in the hospital and my prayers are that all will be well. Hard to figure the TYX....If I didn't know the news about oil and a tight labor market, it would look to me like the left shoulder and head had already formed and the right shoulder was in the process of being formed....I can only think that productivity gains might be powerful enough to offset these other inflationary pressures but I think I'd like to see confirmation of that before betting the farm!