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

To: American Spirit who wrote (36674)	1/4/2000 11:56:00 PM
From: Casaubon	Read Replies (1) \| Respond to of 99985

I was looking over the charts to big Pharma tonight, to see if they are indeed bargains. They almost uniformly look like tops! Three mountain tops with lower highs, all sitting on critical support. If those supports fail, look at below (and the DMI crossovers imply negative trends forming on the monthly timeframe). I agree there are many forgotten soldiers worth a good look but, I think if the indexes go into free fall, it will drag everything down first.