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

To: Square_Dealings who wrote (64147)	12/11/2000 7:24:03 PM
From: bobby beara	Read Replies (2) \| Respond to of 99985

Somewhat amazing how close to the script the Naz is following the Nikkei bust so far>>>> similar, but different, the nikkei retraced all the way back to the 87 crash off the failing rally, would be the 98 crash equivalent for nasdaq, the nikkei also busted thru 28000 support and moved down sharply from there, the nas has done a zig/zaggy falling wedge thru that support, most of the times these things are sign of trend exhausion i don't think the pattern applies any longer. btw, the XCI still hasn't broken out of it's falling wedge.