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


To: GROUND ZERO™ who wrote (41754)2/29/2000 3:26:00 PM
From: Michael Watkins  Read Replies (2) | Respond to of 99985
 
How's this for real time, just snapped this.

intelligentspeculator.com

Big triangle, they often fake to one side and pull back. We need to be open to the reverse course of action too... watching carefully.

A gap down tomorrow would set VIX up for nice spike, and then the rest should follow. But don't mind me, I'm always looking for the most diabolical plan (even on the long side...) :)



To: GROUND ZERO™ who wrote (41754)2/29/2000 3:30:00 PM
From: sandeep  Read Replies (1) | Respond to of 99985
 
GZ, it's way too early to say, but the NAZ is certainly setting up for another blast up <g> :-)

Seriously, NDX-100 touched the 20-day ema a few days ago and bounced back really strongly. The last 2 times it happened, it hit a new high, and then went down to 20-day again over the next few days.

This could be a rocket going up now if MSFT, YHOO, AMZN come back...



To: GROUND ZERO™ who wrote (41754)2/29/2000 4:01:00 PM
From: Rich1  Read Replies (1) | Respond to of 99985
 
GZ, Head and shoulders could you splain. Thanks in advance.



To: GROUND ZERO™ who wrote (41754)2/29/2000 4:39:00 PM
From: KY  Read Replies (2) | Respond to of 99985
 
Ground Zero,

Head & Shoulders formation for the COMPX??

If you have this in a chart somewhere I would love to see it...because I don't.

In fact, I would think it is quite impossible since the index has gone virtually straight up lately.

KY