Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: donald sew who wrote (28646)	10/7/1999 10:52:00 AM
From: yu	Read Replies (2) \| Respond to of 99985

Don, >>> Heinz, >>>Thanks for your fundamental analysis, which supports the BEARISH >>>WEDGE PATTERN on the NDX. As already mentioned, that bearish wedge >>>does permit a slightly higher NEW HIGH. >>>For today the upper trendline of this WEDGE is near 2920, and is >>>slowly rising at a rate of about 1.5-2.0 points a day. I think the 2920 number is NASDAQ, not NDX, right? What should be the upper limit for NDX? About 2570-2580? And it is steeper and converging faster than NASDAQ. yu