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

To: Gary Burton who wrote (62251)11/12/2000 9:43:46 AM
From: Techplayer  Read Replies (3) | Respond to of 99985
 
OT Gary, Problemis that the whole state cannot be recounted now due to a 72 hour challenge rule. Advantage Gore because there were an equal number of tossed ballots in a Republican stronghold that may never be reviewed. So down we go..... I can't imagine a piece of good news that will support the market right now. tp



To: Gary Burton who wrote (62251)11/12/2000 2:41:10 PM
From: Crimson Ghost  Read Replies (1) | Respond to of 99985
 
I agree that NAZ should bottom for awhile around 2800. This is based on the current position of the NAZ McClellan Oscillator.

But NYSE not nearly as oversold as the NAZ. I cannot see anything more than a brief bounce until the Dow drops another 500 points at least.


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