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

To: Michael Watkins who wrote (48394)	4/27/2000 12:12:00 PM
From: AllansAlias	Respond to of 99985

Michael, I hear ya, and maybe I was not clear. Yes, outside of intraday she points down and that's where my money literally is. I am not calling for this to be the bottom yet or anything like that. When I have a short position I even do not mind when it goes up, 'cause lots of good down formations start with that, but my God, this is just something else today. Manic is just not a strong enough word anymore. In the category of things I never thought I would type today: The upside target today for breaking out of the pennant in the composite that has been forming up some 6 or 7 days is 3755 or so. It's getting way closer than I would have thought. --Allan edit: Composite last at 3701