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


To: HairBall who wrote (25903)9/15/1999 10:56:00 AM
From: r.edwards  Read Replies (1) | Respond to of 99985
 
I just went to it ,nice site ,how often does it up date ?



To: HairBall who wrote (25903)9/15/1999 11:06:00 AM
From: Doo  Read Replies (1) | Respond to of 99985
 
To All: A little "schooling", if anyone has time.

Do I correctly interpret the pattern on SPX and OEX on the 30 min., 60 min. and daily as a "bull flag" since around 9/3?

If so, am a plotting the lower support on the ES9Z correctly at around 1340?

Thanks in advance.

Jeff



To: HairBall who wrote (25903)9/15/1999 3:04:00 PM
From: j.o.  Read Replies (3) | Respond to of 99985
 
Hi LG - Many thanks for the great, and most importantly, well presented data on your road kill update, LG.

It's great fun to watch the inverse relationship between the $ and the metals since 95. I think that the dollar deterioration vs. Yen alone should give one a reason to consider a long-term long gold position. I think that both gold and the $ stand before a trend reversal. As this becomes evident, and confidence in the 'Buck' falls apart, the stocks will make their way down from their lofty heights, I suspect. After such a breakout by equities to the upside of the long-term channel (which I do not view as sustainable), I would expect us to find our way back to the lower bound of that channel. Do you have the data on where that comes in?

And the 87 recap with the falling rates trend snapping and eventually breaking the back of the equity market is quite nice too.

Great work. Again. Thanks, LG

j.o.
indextrade.com