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


To: el paradisio who wrote (49240)5/3/2000 3:45:00 PM
From: RocketMan  Respond to of 99985
 
Have you noticed the similarity between the current action on the Naz and its behavior at the beginning of January? Except for the higher volatility now, the pattern is almost identical. If the patterns hold, your prediction would be correct, another short term bottom, then a wave up. Problem is, the wave up might crash into the FOMC sea wall <g>