SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Les H who wrote (40368)2/15/2000 6:18:00 PM
From: bobby beara  Read Replies (1) | Respond to of 99985
 
Les, besides the double bottom on the dja, the morgan stanley cyclicals were at 12 9 day rsi on friday and had a giant bullish engulfing candle today, also xal is sitting on 11 9 day rsi and near the 10/98 low, pretty close to about as oversold as you can get (except for uspix -g_)

since we are following last year somewhat closely, we may be starting a cyclical rally, which started on 2/17 last year.

b