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

To: No Mo Mo who wrote (48038)	4/25/2000 2:22:00 PM
From: Benkea	Read Replies (1) \| Respond to of 99985

Anyone know how strong the vol has been on this last intraday attempt at 3525?

To: No Mo Mo who wrote (48038)	4/25/2000 2:28:00 PM
From: HairBall	Respond to of 99985

No Mo Mo: I will get back to you, sorry to busy right now! Regards, LG

To: No Mo Mo who wrote (48038)	4/25/2000 2:34:00 PM
From: Les H	Read Replies (1) \| Respond to of 99985

re: island reversal The following describes Nasdaq activity for Thursday/Monday/Tuesday. litwick.com litwick.com

To: No Mo Mo who wrote (48038)	4/25/2000 3:38:00 PM
From: HairBall	Read Replies (3) \| Respond to of 99985

No Mo Mo: Seems MDD'ers have already answered your questions. I will give a short explanation. Island reversals or inverted island reversals can be identified when a section of price action is isolated buy opposing gaps on either side of the price action. These most often occur at the end of a rally or decline. In the case of a rally, a gap up occurs followed by consolidating price action then isolated by a gap down. Neither gap is filled and the price action continues in the direction of the second gap confirming a reversal. Just the opposite occurs in a decline. What we may be seeing today. Of course the gaps can eventually be filled depending on the overall trend. Regards, LG