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


To: James Strauss who wrote (41503)2/26/2000 7:29:00 PM
From: Benkea  Read Replies (4) | Respond to of 99985
 
Does anyone know if there are loss triggers that halt the Nas like there are for the NYSE? If so, does anyone know what those limits are?

edit:
Nevermind. With two NDX stocks in the DOW now, I guess they only fold the Nas when the NYSE trading limits are hit.

Incidentally, I guess this means that the Nas could hypothetically fall 99% without a halt if the NYSE targets for a halt were not met!



To: James Strauss who wrote (41503)2/26/2000 8:19:00 PM
From: HairBall  Read Replies (1) | Respond to of 99985
 
James Strauss: It is always nice when you pop in. Could you be a little more specific...are you expecting a bottom and a resumption of the bull market, a bottom that rallies and then heads back down. Are you basing your assertion entirely on the relationship to the 200 day SMA of the INDU and NYA? TIA

Regards,
LG



To: James Strauss who wrote (41503)2/27/2000 1:52:00 AM
From: Stcgg  Read Replies (1) | Respond to of 99985
 
According to Favors..

Even if the Dow and S&P are close to bottoming, he advises clients to use the bounce to position for selling due to the Bear market sell signal on the quarterly Gann cycle charts..

Right now the Nasdaq is positioning for the strong up move, I see it going at least to 5000 before everyone gets spooked by the parabolic rise..

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