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

To: HairBall who wrote (30926)	10/21/1999 10:36:00 AM
From: sean sanders	Read Replies (2) \| Respond to of 99985

LG, I enjoyed your OEX chart. I have been wondering what pattern you were refering to (you have been talking about a bearish wedge forming in the past few days). I saw a large H&S and even a smaller asc. triangle in the dow, but I didnt notice that rising wedge in the OEX. I tend to look at the dow or SPX more then the OEX. btw ... I was watching the dow this morning and all of a sudden on qcharts a quote of something like a sell order of 257,000 shares goes in and drops the dow for about 100 points. Do you know why an order like this appeared? Sean

To: HairBall who wrote (30926)	10/21/1999 11:00:00 AM
From: Terry Whitman	Read Replies (2) \| Respond to of 99985

Nice job on the chart there LG. I particularly like the Fib retracement levels you have added. Looks like the OEX came up to right below the Fib. 61.8% retracement level. Spooky, huh?