Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Box-By-The-Riviera™ who wrote (63273)	11/28/2000 4:29:22 PM
From: HairBall	Respond to of 99985

Joel Gander: that was a bearish comment right? I think it is a be cautious comment...<g> As the price action for the NAZ Indices (Compx, NDX, NAZ Futures) began to approach and in some cases intersect the support lines of the in play falling wedges today, my intraday technicals were/are mixed. My short-term intraday technicals are clearly oversold, my medium-term intradays have entered the oversold area, my longer-term intraday and daily techinicals are both near mid range and moving toward oversold. They are not lined up as well as I like to seem them when looking for "clear" support from a trend line. Chart patterns are not 100% and should be used in tandem with other technicals indicators. Regards, LG