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


To: Benkea who wrote (61188)10/22/2000 8:58:19 AM
From: flatsville  Respond to of 99985
 
Benkea--

Ignore the two Dow charts at the top and focus on the remaining three. Now suspend disbelief for a moment and hazard a guess as to where the "You Are Here" dot belongs on the Nikkei and Hang Seng charts in relation to the Naz 2000 chart.



To: Benkea who wrote (61188)10/22/2000 9:20:00 AM
From: flatsville  Respond to of 99985
 
Ooops--

Sorry...Next step:

Once you have the "You Are Here" dots on the Nikkei and Hang Seng it becomes easier to see the downside potential on the Naz if you look here:

sharelynx.net

Should the Naz chart continue to mirror the Nikkei and Hang Seng patterns there is considerably more crumble ahead.