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

To: StockOperator who wrote (56483)	7/12/2000 11:46:21 PM
From: el paradisio	Respond to of 99985

Stock Operator,"the triangle on the DOW has not been pierced yet"...of course not,you can see it clearly on this chart: stockcharts.com[PB200!F][VC60][I] I expect the resistance at 11,000 and 11,200. SPX,OEX,NDX,RUT....all looks bullish,but I also keep in mind the diamond. If it can turn out and have a fake brake?...I think,yes... and I would also point at TRAN as a turning point. The August rally is possible,but MSFT and CSCO results may change a lot. Tomorrow at noon this rally can be a little exhausted, IMHO Good luck...el