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


To: dennis michael patterson who wrote (43134)3/15/2000 11:57:00 AM
From: HairBall  Read Replies (1) | Respond to of 99985
 
dmp: Well my stuff indicated a rally in the Dow Indices today was probable. The TRAN is signaling it might be more than a bounce. The INDU is up against resistance, if it breaks it will run some.

The COMPX is testing my first support level indicated on the chart I posted last night and Monday PM. Will we get a bounce or will it fail? I expect at least some consolidation maybe even a bounce...

The BTK Index got the bounce I was expecting today!

Back to trading...very busy day, as have been the past few weeks!

EDIT: Dow Industrials broke through resistance...off to the races...for now! 10K should hold....I think...up against a horizontal SRL as I type...<gg>

Regards,
LG