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

To: HairBall who wrote (65810)1/4/2001 10:31:57 AM
From: bobby beara  Read Replies (1) | Respond to of 99985
 
lol - all sheep clowns will be destroyed, by default -lol-

207.61.23.99

i think the rising wedge off the pole from the first pullback from the fed spike is a top i took some profits yesterday and more this morning, gonna try to get a rt. shoulder pullback.

bwdik



To: HairBall who wrote (65810)1/4/2001 3:18:35 PM
From: DukeCrow  Respond to of 99985
 
Psychologically, I think it is important that the COMPX moves above where it was prior to the Fed not cutting rates in December. The COMPX peaked at 2696.61 before beginning its Santa Claus slide.

I think 2500 also needs to hold on the downside as that was the first place it retraced/bounced after the initial reaction to the Fed rate cut.

Ali


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