Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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: Michael Watkins who wrote (41588)	2/27/2000 6:59:00 PM
From: Michael Watkins	Read Replies (2) \| Respond to of 99985

Updating the BKX one we can add our Trader Vic 1-2-3 lines and see that a 2B bottom approacheth. Again, this is a weekly chart. A failure here must mean a meteor is headed to earth or something intelligentspeculator.com That's it for now. I think next week the thing to watch is if the Nasdaq carries through with its wedge (I provided a ND futures chart earlier this weekend showing it) and fails to the downside or not. It could always morph into something else, and I suspect it would if the broader market rallies. But since everyone seems to expect a rally, and the Nas to run to or near 5000, then the diabolical action would be down. These are times I am very glad to have a short term outlook on the market! Cheers all, Michael