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

To: Haim R. Branisteanu who wrote (39841)	2/11/2000 6:12:00 PM
From: Michael Watkins	Read Replies (3) \| Respond to of 99985

To All, I didn't follow the entire thread of discussion today, and someone may have already laid claim to this, but should Monday turn out to be a rout, I hereby christen the day: THE ST. VALENTINES DAY MASSACRE Its just too perfect. Therefore, the market must rally LOL!

To: Haim R. Branisteanu who wrote (39841)	2/11/2000 7:05:00 PM
From: bobby beara	Read Replies (2) \| Respond to of 99985

Haim, there are some interesting trendlines showing up on the dow, i'll do that chart. The Dow has broken the uptrend from october 98 on a big black weekly candle, but is also sitting on the neckline of the upwardly angled inverted H&S pattern from the October 98 low, this would be a retest. Also the McCllellan Oscillator has broken down from the parallel channel uptrend from the 8/11 washout low, but not on a big move. Will Monday be a massacre, a bottom, or a reprieve for new economy types to put in another gilligan's island. The XAU also has a triangle off the recent pole, it's waiting for the answer also. b