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

To: HairBall who wrote (32689)	11/7/1999 7:49:00 PM
From: bobby beara	Respond to of 99985

LG, you will do fine, as "the bones of Sakata" and the bones of beara will tell you, we just got a whole lot of yang, now it's time for some yin. bb

To: HairBall who wrote (32689)	11/7/1999 8:14:00 PM
From: donald sew	Respond to of 99985

LG, Im going to head over to the CHAT SITE now if anyone wants to chat about the market. homestead.com seeya

To: HairBall who wrote (32689)	11/7/1999 10:03:00 PM
From: Steve Huskey	Respond to of 99985

Well, it seems natural to take a move down here at least for 1-2 days. The candlestick pattern that may form from such a move though is disturbing . I'm no candlestick expert, but there are one or two signals that get my attention. If Spoo goes below 360 and closes down, we will have an "evening star". This is the most bearish of all signals. If the price goes down and rebounds into the afternoon, or just opens down and rallies (which would be the inverse of the price action last week)... that will be not as bad. With the Microsoft deal we may have a bad moon rising. I hope it is not an omen. Steve