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

To: Wayners who wrote (64137)12/11/2000 5:52:04 PM
From: Stephen M. DeMoss  Respond to of 99985
 
On Cnbc Tom Costello kept saying (in 'Trader talk') that the traders he talks to say they plan to 'sell the news' either way....Hmmm. What do you make of that? What does that do to the 'surprise' of a sell off? How often do money people really tip their hands with what they plan to do once events happen? Hmmm. How will it affect qqq? <G>. Steve D.



To: Wayners who wrote (64137)12/11/2000 5:55:40 PM
From: Les H  Read Replies (3) | Respond to of 99985
 
It looks like it has a shot at 3200 in the context of a complex inverted head-and-shoulders (i.e., multiple paired shoulders on each side).

207.61.23.99



To: Wayners who wrote (64137)12/11/2000 6:07:01 PM
From: el paradisio  Respond to of 99985
 
I think,these gaps will be filled...if you look on a daily charts,the present gap on the way up is almost in the same area...
between 64 1/4 and 66 1/4.
The gap,from the last year was filled recently on the way down to 60 1/2.
The question is...WHEN... in one month or in one year ?
Resistance at 75 is coming...low from May and low from October.
PS,it will be danger to fill them all now...
el


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