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


To: Haim R. Branisteanu who wrote (26432)9/20/1999 9:31:00 PM
From: ddron  Read Replies (1) | Respond to of 99985
 
Anyone have any thoughts on a double top formation in the COMPX,with the tops on 9/10 and today (- some very indecisive candles on both days)?

Cheers, Ron



To: Haim R. Branisteanu who wrote (26432)9/20/1999 10:16:00 PM
From: donald sew  Read Replies (2) | Respond to of 99985
 
Hi,

Got a CLASS 2 SELL signal on the NAZ/NDX.

The DOW/SPX are in the upper midrange near the overbought region. 1-2 more upside days in teh DOW/SPX I would get a CLASS SELL signal in them also.

seeya



To: Haim R. Branisteanu who wrote (26432)9/21/1999 12:51:00 AM
From: bobby beara  Read Replies (1) | Respond to of 99985
 
Decision point near?:
bway.net
too many bears, but look at the rounding top?
similar pattern on the nasdaq in april/june 98 with an indecision triangle coming off the spike april high
timely.com

This trend has a long history of holding:
bway.net

Several tech leaders (especially semi's), are at very overbought daily and weekly rsi. The current news on AAPL and the parabola reversal that we will get tomorrow could be a turning point or at least another step in the erosion of confidence in the tech sector that started with oracles failure to meet whisper and the recent rumours on ibm.

bwdik, can't we just get to 1350 =g=