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


To: IndexTrader who wrote (60596)10/14/2000 8:07:36 AM
From: Benkea  Read Replies (3) | Respond to of 99985
 
Whatda ya think, a move back to 3342 resistance before a resumption to 2900?

securitytrader.com^NDX&ChartID=10854&ChartType=D

and an attempt at 10465 on the Dow before a trip to 9700?

securitytrader.com^INDU&ChartID=10853&ChartType=D



To: IndexTrader who wrote (60596)10/14/2000 9:06:31 AM
From: Gary Burton  Read Replies (1) | Respond to of 99985
 
Index--that is why we need to go lower towards 2500 on the Comp---Friday into mid next week is a bear mkt rally---a (b) of an abc part of C to complete a 3-3-3 double zigzag----The DJ could go lower towards 9500 as a 5th wave of its C (3-3-5 Flat from Jan top) since its B Wave almost reached the top (ub contrast to the Naz)--so we end up in the same end position---one more hard shot down all around in next 2 weeks?