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


To: pater tenebrarum who wrote (20530)7/20/1999 10:16:00 AM
From: Lee Lichterman III  Respond to of 99985
 
Confusing market though. MUnot breaking down and is actually up if you ignore the BS last trade yesterday. It is holding 51 1/2 and actually trying to climb to 52. Doh!!!

TICK is in a rising channel right now but TICK is also rising. Hope this is the mini rally before the real breakdown. Hoping... heck I am praying, pleading, begging <ggg>

Good Luck,

Lee



To: pater tenebrarum who wrote (20530)7/20/1999 10:18:00 AM
From: investsformoney  Read Replies (1) | Respond to of 99985
 
hi, i am new to this thread. My expertise is fundamental analysis.

Can someone please explain what a bulltrap and a bear trap is.




To: pater tenebrarum who wrote (20530)7/20/1999 10:30:00 AM
From: bobby beara  Read Replies (2) | Respond to of 99985
 
Heinz, yes bear flag is a good analogy, the zig zag pattern of the oscillator was a very weak and indecisive pattern.

techs are being slammed and now confirming yesterdays bearish engulfing.

I think this must be Haimnostros at work! -ggggg-

bb