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


To: bobby beara who wrote (39464)2/8/2000 11:03:00 PM
From: pater tenebrarum  Read Replies (1) | Respond to of 99985
 
well, i agree it's likely a short term trend as per the problems with the sentiment measures outlined previously. want to clarify one thing: there are many individual stock charts in the tech arena i like (admittedly the stocks i'm following these days are rather obscure), and if they resolve to the norm, it is hard to see how the NAZ can not go even higher...

hb



To: bobby beara who wrote (39464)2/9/2000 12:26:00 AM
From: marcher  Respond to of 99985
 
bb, looks like QQQ might see the trend line I guessed to be resistance about 3 weeks ago (prior to the retrace). Although that trend line was pointing at about 210 then, it now projects to about 220. All this from your friendly contrary indicator--me. -g- Hey, I picked 60 as bounce line for xau, too...what luck! -g-

best
--Marc