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


To: Mary A Young who wrote (49743)5/7/2000 11:22:00 PM
From: AllansAlias  Read Replies (1) | Respond to of 99985
 
I have been watching Hong Kong closely since the elections and it's really struggling tonight. It is one of the few charts that has followed the low->ascending-flag pattern that has clearly broken down out of the flag. After their 4/17 low, the next lowest close was 15193. Currently trading below 15000, -2%. I expect it will recover some, but the chart seems eager for a retest of the lows.

stockcharts.com

--Allan

edit: I mean since the Taiwan elections of course.



To: Mary A Young who wrote (49743)5/8/2000 8:19:00 AM
From: Joan Osland Graffius  Respond to of 99985
 
Mary,

We had a few drops here in Minneapolis last night. We need more, since it was not sufficient for germination.

Joan