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


To: HairBall who wrote (41610)2/27/2000 8:58:00 PM
From: HairBall  Read Replies (1) | Respond to of 99985
 
To All; I am going to be late updating my Road Kill Chart page tonight and will not have time to do a Road Kill Update.

For those interested in seeing the charts, I will post an announcement when I have updated the charts, so no one will waste their time!

Regards,
LG



To: HairBall who wrote (41610)2/27/2000 11:07:00 PM
From: OX  Read Replies (1) | Respond to of 99985
 
there is a BPOTC which is about 50% and Bull Confirmed right now and closer to continuing up than reversing.



To: HairBall who wrote (41610)2/28/2000 7:58:00 AM
From: Jerry Olson  Respond to of 99985
 
Morning LG

yes we have the BPOTC..it's right at 50% the middle of the playing field....in the Oct low period of last year it got to 38%....and held that low twice that year...

it would take a 6% move down for the index to reverse into O's...to 46%....

my thinking is this..if we do not rally off the current support, we are going lower...if it happens i'll stand aside, no sense in trying to go short when were at very oversold levels here...except for the NAZ of course...

there could be good opportunites to short in that index...

regards OJ...