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


To: HairBall who wrote (48011)4/25/2000 11:45:00 AM
From: Benkea  Read Replies (1) | Respond to of 99985
 
LG:

Sorry, but I don't remember. It is quite likely some of the reasons were the same as yours as well. Unfortunately, I don't subscribe to ST anymore (absolutely no reflection on them) and have not seen the chart since it was posted for free Sunday. dmp is a paying subscriber, but he is out of town.



To: HairBall who wrote (48011)4/25/2000 11:53:00 AM
From: flatsville  Read Replies (1) | Respond to of 99985
 
LG--

Draw a line left to right(which will be upward sloping) from the end of the tail on 1/31 (white stick)to the end of the tail on 4/4 (long tailed red stick.) Continue to the edge of the chart and it terminates at 3525.

Edit: It actually looks to be a little higher than 3525 to me.

207.61.23.98

I recopy the securtity trader charts and comments to timely charts which are easier on the printer.



To: HairBall who wrote (48011)4/25/2000 1:24:00 PM
From: DOUG H  Read Replies (1) | Respond to of 99985
 
. It is in play because it was a strong pivot (reversal) point at the low on 4/4. (3525.44) I also have a falling resistance line in play in that same range as well.

Hi LG, been lurking for a while and wanted to test my thinking. Re: your above post. 3250 provided a bounce yesterday yet the trend line off the fake-out rallies seems to be overhead resistence at 3600. Am I seeing that right? Also, if there is not a breakout from 3600 can we expect 3250 to hold again?