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


To: J.T. who wrote (26562)9/21/1999 5:57:00 PM
From: bobby beara  Respond to of 99985
 
OK Grampa Teee -g-

We have a double top formation on nasdaq, a spike top in july and a rounding top in september, tech momentum has been stopped dead in it's tracks today.

If you want to see a similar chart pattern top, look at the lycos and seek tops of jan and april.

For those watching the summation index, we had an abc triangle around the march lows and now how taken it out big to the downside, next support at the fall 98 lows.

The Oldest Stock on the New York Stock Exchange
Homestake Mining
Has made a two year spread double bottom.

Chicken chart tonight.

bawk