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


To: HairBall who wrote (62857)11/20/2000 10:47:13 AM
From: John Madarasz  Read Replies (1) | Respond to of 99985
 
LG...technical question...

Struggling around the 200 day SMA, time will tell if today's down draft sucks it far enough below to negate my expectation. Some buyers stepped up to the plate, but the overall market move is having its impact...A clear break of the Oct 98 Rising Support Line Monday will negate my expectation. Note: My Osc Sht/Med Term has not given a buy signal, yet.


Would a break involve simply a breach of that rising support, or a close convincingly below?

Thanks for the charts, and your consideration.

Regards,

JM



To: HairBall who wrote (62857)11/20/2000 10:53:41 AM
From: Saulamanca  Read Replies (1) | Respond to of 99985
 
LG, Seems that there are a lot of buyers stepping up to da plate this morning. Probably too many.

cboe.com

where`s the fear?

Regards,
Jim