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


To: HairBall who wrote (66197)1/8/2001 10:33:14 AM
From: Saulamanca  Read Replies (3) | Respond to of 99985
 
LG, Nice charts. NDX and NAZ held trendlines from the Fed day lows so far.

Regards,
Jim



To: HairBall who wrote (66197)1/8/2001 11:22:26 AM
From: Stephen M. DeMoss  Read Replies (1) | Respond to of 99985
 
Lg, On the day of the rate cut last week, you said your charts indicated a turn around was in the cards (obviously not knowing it would be the rate cut). If you get a similar intraday signal, would you ever consider 'sharing it with the group'? I promise not to crusify you if it does not materialize. It would at least be interesting to note before the fact, and at most it might be something for all of us to benefit from <G>! Whether you choose to or not, we are lucky to have you on this thread! Steve D.



To: HairBall who wrote (66197)1/8/2001 12:18:08 PM
From: JRI  Read Replies (2) | Respond to of 99985
 
Have you noticed that the Naz Compx has spent a lot of time today hanging around the (upward-sloping, red) trendline that you drew on the Naz 15 minute chart from the 2 bottoms in the last 2 weeks?

Do you think that means anything?

Volume pretty low on the COMPX......not bad on QQQs, but likely below Friday's...