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

To: Gary Burton who wrote (60560)	10/13/2000 3:55:45 PM
From: Gary Burton	Respond to of 99985

The interesting thing too is that in the Mar-May drop, 70% of the damage was done by the first (a) drop into Apr 4 at 3649----extrapolating into the fall drop, today's low of approx 3055 would be 70% of an overall drop from the Sept 1 peak of 4260 if such overall drop turned out to be down to the 2540 area where presto C=A.....Advanced GET is targetting the 2400 area for an ultimate Custer's last stand if and only if 3043 falls.

To: Gary Burton who wrote (60560)	10/13/2000 4:03:24 PM
From: flatsville	Respond to of 99985

Gary, thanks much. The count is much clearer to me now. I can sit down and label a chart with no problem.

To: Gary Burton who wrote (60560)	10/13/2000 11:05:38 PM
From: da_cheif™	Read Replies (3) \| Respond to of 99985

flatsville...naz ended wave c of a flat...intel hasa a 3 gap play...its goin back to 75....1st hour yesterday saw a 131 equity pc ratio...havnt seen that in years....but when last seen it was a bottom in an oct...fridays big volume turn was the real thing....the fact that so many distrust it was reflected in the continued hi pc ratios....oooo this gonna be fun...lookit the weekly chart of the sox ..a classic 2 nd wave abc correction that bottomed the day befor the naz rite on the exact 75% support.....if you didnt notice fidelity select technology was up a monster 11 bucks....or nearly 10%