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

To: Dragon 1 who wrote (23150)	8/16/1999 6:34:00 PM
From: donald sew	Respond to of 99985

Dragon1, >>> in your analysis days ago, DRG is overbought. Do you still think so or has your view changed? Major drg companies are all sitting at their 52 week low now and look to me like they are going to reverse up barring an overall market correction. Wouldn't you agree? <<<< Im a bit confused with your question. My short-term technicals are used to identify short-term(1-5 days) reversal points, thats all, which I have mentioned many times. It is not for identifying longer trends. Not sure if that answered your question. seeya