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

To: Jacob Snyder who wrote (26694)	9/22/1999 4:03:00 PM
From: Slow&steady	Read Replies (1) \| Respond to of 99985

Jacob, what about when we close right smack in the middle @125? <g>

To: Jacob Snyder who wrote (26694)	9/23/1999 5:31:00 PM
From: Jacob Snyder	Read Replies (1) \| Respond to of 99985

QQQ TA: I'm definitely less confused today. The signal was clear: closed below the 122-127.5 trading range. Looks like we'll see 114 for sure (next support), very soon, which is 10% off the very recent all-time high. QQQ down 4.2% today, SPX only down 2.3%, so the invincible big-cap techs may be starting to follow the invincible big-cap banks and drug stocks. One by one, the leaders have fallen away. And the last stock to go will be MSFT, which (I have on good authority) is overvalued.