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

To: bobby beara who wrote (48828)	5/1/2000 3:39:00 PM
From: jmootx	Read Replies (1) \| Respond to of 99985

Thanks bobby beara, one can assume that this quick retreat from 799 really gives strength to the second shoulder. Sold my long kept my short.

To: bobby beara who wrote (48828)	5/1/2000 3:44:00 PM
From: Benkea	Respond to of 99985

bobby: I too sold 1/2 my tech longs bought last Monday.

To: bobby beara who wrote (48828)	5/1/2000 5:14:00 PM
From: hjz	Respond to of 99985

Hello Everyone, I usually post on the Market Gems board but I wanted to post on here to see what other traders thought of this market move since last Monday. It looks like that bottom of 3350 on Monday was a strong one because when the economic news of Thursday came out, the NASDAQ only dropped to 3550. If you look at the charts, we are essentially on a straight line up to this point today but I did notice that we tested 3900 twice today. For the short term is 3900 a support level or is it too soon to define it as that ? I am interested to hear other traders opinions. HJ