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


To: HairBall who wrote (46197)4/14/2000 11:15:00 AM
From: set  Respond to of 99985
 
it's pnf. I'm just using a regular bar representation
because I'm not interested in all the Xs and Os.
here's another shot of it.
users.uswest.net



To: HairBall who wrote (46197)4/14/2000 11:54:00 AM
From: el paradisio  Read Replies (2) | Respond to of 99985
 
LG,we are close to the short term bottom ,which should hold for at least few days.The first signal was 2 days ago p.m,after which, we had a bounce yesterday morning .
Today I have similar signal but a stronger one,which suggest that bottom is close and expected bounce up should
be much higher this time.
Regards,
el



To: HairBall who wrote (46197)4/14/2000 12:03:00 PM
From: Stephen  Respond to of 99985
 
I've not been as concentrated on the market as much as might be ... but did I read somewhere about the Nasdaq's correlation with the 1929 crash ??. Was that on this board and does anyone follow that still ??. I have a vague memory that after an initial intraday drop ... of 13% +, the market was brought back to be fractionally down. Shortly thereafter it tanked for real. I must be getting old ... my memory is worse than I remember it used to be before I forgot how bad that was.... (GG).

TIA

Stephen