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

To: marginmike who wrote (59769)	10/3/2000 1:56:51 PM
From: KymarFye	Read Replies (1) \| Respond to of 99985

A capitulation day would be a clear sign, but they don't always happen when you're waiting for them.

To: marginmike who wrote (59769)	10/3/2000 3:31:03 PM
From: Wayners	Read Replies (1) \| Respond to of 99985

I'm just measuring the strength of bears on each leg/wave down on QQQ. The waves have been very uniform off tops. 12.5 to 15 points at which point the sellers exhaust themselves. I think we're close to exhaustion right now based on that for this wave/leg down. My target is 84.5 on QQQ to cover at and watch and see what happens.