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


To: HairBall who wrote (50539)5/12/2000 11:54:00 AM
From: sandeep  Respond to of 99985
 
You might be correct on GE wrt mixed signals. Even though it generated the sell signal, it hasn't really fallen apart like it did the last time it reversed course. I guess it is different this time ??



To: HairBall who wrote (50539)5/12/2000 12:26:00 PM
From: James Strauss  Read Replies (2) | Respond to of 99985
 
Nasdaq Coming Back...
***********************
LG:

Yesterday the Nasdaq won the battle in the 3400 support area on slightly higher volume... Now, it's attacking Hill 3600 with a vengeance... : > chart.bigcharts.com

Note the 7 period MA above the 14 period MA... Also note the breakout from the price channel... We need to see closes above 3600 and 3700 to continue along this reversal path...

Jim