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

To: HairBall who wrote (41683)	2/28/2000 12:53:00 PM
From: sandeep	Respond to of 99985

LG, CSCO going below 126.5 seems very unlikely. I don't think that the stock of the 90's decade and THE mega-cap steroid stock will fall below its 20-day ema (126.25 today). QCOM, PLUG and ELON are suspect though... On the positive side, you may want to look at SNE. PS2 is coming out on saturday. Big buzz will surround it.

To: HairBall who wrote (41683)	3/3/2000 11:07:00 AM
From: HairBall	Respond to of 99985

QCOM <----- After a head fake, it has moved on down to test my second price action support area of 126/7 posted a few days ago, coupled with finding support at the lower band of its rising trading channel since it began its ascent at the gap up lift off in March of 99. My QChart QCOM 60-Minute Semi-Log Scale Chart marketdirectionanalysis.homestead.com ------------------------------------------------- My QChart Trend Lines Green lines are resistance trend lines or resistance horizontal price action areas. Red lines are supportive trend lines or supportive horizontal price action areas. Gray lines are either resistance trend lines, resistance price action areas, supportive trend lines or supportive price action areas that have been broken. They can now act as either support or resistance depending on price action. Dark blue lines are formation lines. Light blue lines are previous formations. ------------------------------------------------- Regards, LG