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


To: el paradisio who wrote (47890)4/24/2000 3:01:00 PM
From: HairBall  Read Replies (1) | Respond to of 99985
 
el paradisio: See my previous post, I linked a chart of a break to the norm. A complete retrace has taken place setting an intraday lower low.

NAZ Emini has been testing the Fib retrace level of 3253.71. If it fails (not just penetrated) the NAZ will likely test last week's low. If not we may get at least a short-term rally form this level.

We should know in a few minutes...

Regards,
LG



To: el paradisio who wrote (47890)4/24/2000 3:17:00 PM
From: Benkea  Read Replies (1) | Respond to of 99985
 
Wouldn't it be sickening if the recent disappointing guidance by MSFT executives was related to obtaining a lower strike on those new options?