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

To: HairBall who wrote (39511)	2/9/2000 2:20:00 PM
From: HairBall	Read Replies (1) \| Respond to of 99985

To All: I finally managed an upload. A chart for your review... My QChart S&P Emini Futures 60-Minute Semi-Log Scale A light blue line is being used to illustrate the neckline in addition to normally being used to illustrate previous formations. marketdirectionanalysis.homestead.com Homestead.Com is performing very slowly so far today. So, it may take a while to download the chart. ------------------------------------------------- My QChart Trend Lines Green lines are resistance trend lines or resistance horizontal price action areas. Red lines are supportive trend lines or supportive horizontal price action areas. Gray lines are either resistance trend lines, resistance price action areas, supportive trend lines or supportive price action areas that have been broken. They can now act as either support or resistance depending on price action. Dark blue lines are formation lines. Light blue lines are previous formations. ------------------------------------------------- Regards, LG

To: HairBall who wrote (39511)	2/9/2000 4:35:00 PM
From: Lee Lichterman III	Respond to of 99985

Glad you took it as meant and a joke. I saw your posts directed at poking fun at Don so I figured touche'. <ggg> Just waiting for the ones aimed at me now...... I am still a bit confused at the NASDAQ's strength. As I posted at teh "other" site, I am more bearish than most I think here. I will be posting a loooong term fork this weekend that I have been watching for the last couple weeks, first with a predicted top and we hit that level this morning and the market reversed. This may be THE top. I am short on time but the fork goes from the first high after the NASDAW weekly accelerated the rate of climbin 95, the bottom tine is the October 97 low and the top tine is this morning's high. The middle tine contains ALL the 5 years worth of highs until the break through last fall where it was used as support. This fork just fits too well to be coincidence. I have to run and go to work, Good Luck, Lee