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


To: el paradisio who wrote (46734)4/16/2000 5:05:00 PM
From: Michael Watkins  Read Replies (1) | Respond to of 99985
 
el paradisio,

Thanks for that link. Its very easy to picture that poster's comments on top of the '29 chart. And its certainly within the realm of possibilities that the same scenario could play out, more or less, again.

That's why I think its important to be open to all sides.

intelligentspeculator.com

INDU is still range bound, should we get move below support that sticks on the monthly, we would be thinking major trend change. i.e. bear market.

And just for fun, thanks ernmor!:
intelligentspeculator.com