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


To: eichler who wrote (64243)12/14/2000 10:05:31 AM
From: 10K a day  Read Replies (1) | Respond to of 99985
 
I don't know about the MOON man...I just want to know what happened to this guy...

Member 7623715



To: eichler who wrote (64243)12/14/2000 9:36:09 PM
From: bobby beara  Read Replies (2) | Respond to of 99985
 
stockcharts.com

check it out moon dude, new lows confirmed the nas low on 11/30, there has not been a major bottom in the last coupla-3 years without a bullish divergence in new lows, check out the bullish diverg in may, also october 8, 98.

i think we are setting up that bullish divergence now and a lot of stocks have already made final washout bottoms in this period, have to watch the real beaters, the internets and see if they hold their lows while some of the 'preddy' stocks get killed -g-