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

To: lurqer who wrote (41641)	2/28/2000 1:04:00 AM
From: HairBall	Read Replies (2) \| Respond to of 99985

lurger: COMPX <---- Stochastic is overbought, my med/long-term osc is up into new sky, the volume increase implies distribution into this rally, the price action is up against a short-term rising resistance line (upper line of the rising wedge) and the rising wedge formation implies at least a retrace soon. Me thinks a top is in or very close for the NASDAQ. The NYSE issues may be near the end of the bungie cord for this first plunge, while the NASDAQ is peering over prepping for its first...<g> Regards, LG