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


To: da_cheif™ who wrote (60589)10/13/2000 11:34:25 PM
From: HairBall  Read Replies (1) | Respond to of 99985
 
da: Around the first of Sept, weren't you using pc rations and ewave to proclaim the Dow Ind was going up 1000 points?

Don't forget to "Think like a criminal"...<g>

Regards,
LG



To: da_cheif™ who wrote (60589)10/14/2000 12:42:48 AM
From: Gary Burton  Read Replies (2) | Respond to of 99985
 
da cheif---Naz Not a 'flat' since the mar top because the b wave rally to 4260 on sept 1was nowhere near the Mar peak--in a Flat, the B will usually approach the top of the A and sometimes go above it--in this case it stopped at the 62% mark so the structure likely isn't a Flat--more like a double zigzag with new lows yet to come to complete the 'zag' part--my 2c



To: da_cheif™ who wrote (60589)10/14/2000 1:07:17 AM
From: Square_Dealings  Read Replies (2) | Respond to of 99985
 
<<.the fact that so many distrust it was reflected in the continued hi pc ratios..>>

pc ratio declined the last two days

stockcharts.com

I'll give you one or two more days on the rally, the VIX is coming back to fill the gap but it aint going to 8 :)

M.