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

To: Michael Watkins who wrote (41753)2/29/2000 3:13:00 PM
From: GROUND ZERO™  Read Replies (4) | Respond to of 99985
 
Of course, it's way too early to say, but the NAZ is certainly conforming to a possible head and shoulder topping pattern so far.....

GZ



To: Michael Watkins who wrote (41753)2/29/2000 4:04:00 PM
From: bobby beara  Read Replies (2) | Respond to of 99985
 
207.61.23.98

The nasdaq has been making a little upwardly angled H&S pattern over the last couple of whipsaw weeks, and that is the larger right shoulder of an upwardly angled inverted H&S with the left shoulder jan 6, and the head in late jan.

Now the question is whether this pattern breaks to the upside and goes wacko, breaks to the upside and creates a trap, stops here and reverses.

How much more vertical can rambus get -ggg-

b


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