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


To: dennis michael patterson who wrote (43308)3/16/2000 12:47:00 PM
From: Benkea  Read Replies (1) | Respond to of 99985
 
dmp:

"Benkea-- correction in the naz is OVER!!!"

Just remember that it was not before ST's target :)

How low did the NDX get - do you know?



To: dennis michael patterson who wrote (43308)3/16/2000 1:05:00 PM
From: Grantcw  Read Replies (1) | Respond to of 99985
 
Hello Dennis,

It looks too early to me to say that the correction is over. The Nasdaq is up off its bottoms, but I don't see any bottom breakouts like the QQQ going over 212. The Naz could just drift sideways until the next leg down, right?

cw



To: dennis michael patterson who wrote (43308)3/16/2000 1:10:00 PM
From: HairBall  Read Replies (1) | Respond to of 99985
 
dmp: Well I would comment on that statement, but I can't see what is happening today....so I'll refrain!

Me suspects the INDU is in a bear market rally, which just happens to work for the "big boys" at expiry! The NAZ is getting an oversold technical bounce.

But....since I can't "really" see what is "actually" happening thanks to QCharts....I will not say any of the above...<g>

Regards,
LG