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

To: theniteowl who wrote (52238)5/26/2000 9:16:00 AM
From: HairBall  Read Replies (2) | Respond to of 99985
 
theniteowl: Thanks for the link. I am amazed at how much stuff is out there on the web. Be careful betting H&S patterns as they are not very reliable and this one has not completely formed yet, just a possible formation.

Regards,
LG



To: theniteowl who wrote (52238)5/26/2000 7:11:00 PM
From: Haim R. Branisteanu  Read Replies (1) | Respond to of 99985
 
TT, I also think that we may reverse a bit as the intraday charts seem to form an inverted H&S for the NAZ and many leading stocks there....... add to that end of month 401K etc. but beware if it fails.

IMHO the dollar is the key, if the market will soften the dollar will soften and the spiral will begin.

BWDIK
Haim


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