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

To: Grandk who wrote (47448)	4/20/2000 1:03:00 PM
From: pater tenebrarum	Respond to of 99985

JK, there's a gap still open dating from the island reversal in October '98. if you believe that all windows will be closed, well that one awaits as well. the long term chart shows two things: a) it's a bubble and b) it just burst. regards, hb

To: Grandk who wrote (47448)	4/20/2000 1:37:00 PM
From: Paul Shread	Read Replies (2) \| Respond to of 99985

J. Kenyon and heinz, For the heck of it, I took a look at the 5 and 10 year charts for the Dow and S&P too, in addition to the NAZ. These are just quick eyeball readings, but here's what I came up with: the Naz was way out of its channel and is just coming back in now, with a possible downside to 2000; the S&P is a little out of its channel still, with possible downside to 1200; and the Dow, remarkably, has stayed within its channel and should not go lower than 9700, and thus appears to be the safer place to be. Thoughts, anyone? Paul

To: Grandk who wrote (47448)	4/20/2000 3:45:00 PM
From: kabbott	Respond to of 99985

looks to me like the volume starts to dry up as the naz pulls back?