SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?


To: HairBall who wrote (58770)9/7/2000 9:59:13 AM
From: Les H  Read Replies (2) | Respond to of 99985
 
I seem to have more negative indications for the Nasdaq on this top than July. The double top created a number of negative momentum (i.e., price phase) divergences. The July move came off the double bottom at end of May which was associated with a number of positive momentum divergences. Seems the reverse is the case now. Could easily see at least a retest of the early August low, if not worse. We'll see.