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


To: Les H who wrote (61356)10/24/2000 3:50:53 PM
From: el paradisio  Read Replies (1) | Respond to of 99985
 
Les,"...Now,it's is only about two days"...I think,now is a question of hours...
Only today we've lost from 12-3 pm more than one hundred points on Indu and Nasdaq.
What is interesting,we didn't even touch the resistance ...Indu 10,450, Spx 1420 and Nasdaq 3550.
I don't see any strong indexes any more...even gold looks bearish, however the bottom might be very close.
Networking...JNPR,CIEN,JDSU just started correction.... it might be a long way down.
Regards,
el