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


To: Stcgg who wrote (64288)12/14/2000 6:17:23 PM
From: el paradisio  Respond to of 99985
 
I agree with your analysis...the waves from 11/27 and 12/11 look very similar to me.
RSI almost 0....hohoho
Regards,
el



To: Stcgg who wrote (64288)12/14/2000 6:42:46 PM
From: JRI  Read Replies (1) | Respond to of 99985
 
St- do you see us hitting either 2716 or 2631 exactly or would you suggest averaging in while the market trades in that range....

and, of course, get out if we break 2631...



To: Stcgg who wrote (64288)12/14/2000 6:50:22 PM
From: eichler  Respond to of 99985
 
Stcgg

OK. Thanks. I'll be watching very carefully. I will keep
an open mind for a big move up...
I guess a reversal candlestick would almost be a necessity
for tomorrow. Perhaps if we can gap down tomorrow, a rally
off the lows (2631?), strong close would create some kind
of reversal candle? Possible....
Good to keep in mind.
Appreciate the insight.
Regards,
Eichler



To: Stcgg who wrote (64288)12/14/2000 8:02:14 PM
From: LTK007  Respond to of 99985
 
Stcgg isn't their a violation point that would break the 11/30 signal--their must be a violaton point(all systems have a violation point).so what would that be??? so we can be cognizant of that.max



To: Stcgg who wrote (64288)12/14/2000 9:02:53 PM
From: bobby beara  Read Replies (3) | Respond to of 99985
 
The move on the Comp from 11/30 - 12/11 was a 5 waver up.. >>>>>>

ya, stcg, but it was an overlapping rising wedge into resistance, that failed at resistance, i don't find that impulsive, but i do find u impulsive -gggg-

>>>The Naz move down to 11/30 was the 5th wave down>>>

i think we are in fiver down now.

look at the failed rallies in some the the hotties like jnpr, cien and brcd.

and think u can save ur long sheckels for a few more days, maybe greenie will save the day next week -g-



To: Stcgg who wrote (64288)12/15/2000 12:13:13 AM
From: Gary Burton  Read Replies (1) | Respond to of 99985
 
Stcgg--The recent upmove on the Naz was more likely an abc, regardless of what Steve Hochberg says---If one looks at say a 30min chart, one can see that from the bottom of his Wave 2, we did a 1,2, whoosh up for 3, down for 4 and higher into 3020ish for 5....of the C leg