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

To: KaiserSosze who wrote (51249)	5/19/2000 12:18:00 PM
From: HairBall	Read Replies (1) \| Respond to of 99985

KaiserSosze: Well, I may not have stated it lately but I expect the COMPX to come down and eventually re-enter its 90 Rising Trading Channel. I suspect we will get a good bounce in the area of the upper trend line of that channel. To see what I am talking about look at the charts linked in my post this AM. The charts reveal support and resistance along the way...and where I see it going! Message 13738040 After (if I am right) the COMPX re-enters that channel, based on price action at the time, I will decide if and or when I think the COMPX is going to re-enter the 74 Rising Trading Channel again...<g> Regards, LG