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


To: Boplicity who wrote (66315)1/9/2001 12:13:18 AM
From: HairBall  Read Replies (1) | Respond to of 99985
 
Gregory: Yep, its darn close. The break to the norm should be down.

Regards,
LG



To: Boplicity who wrote (66315)1/9/2001 12:17:18 AM
From: Ibexx  Read Replies (2) | Respond to of 99985
 
Greg,

Did you say 30s?

bullchart.com

Ibexx



To: Boplicity who wrote (66315)1/9/2001 12:23:32 AM
From: John Madarasz  Read Replies (1) | Respond to of 99985
 
Greg...

This is a chart that I posted to you a little while ago with a gap in it near your price targets...

stockcharts.com[L,A]DACLYIMY[DE][PA28.50!A26!B50!F][VC60][ILC10!UA8,17,9!UB14!LH14,3!LF]

I don't believe that the trouble that ntap, brcd and emc are having with their respective 50 DMA's is coincidental, I think it's a sign of inherent intermediate term weakness. All it will take I feel is even the hint of weakness from earnings and growth going forward and this sector will take the hit too... it doesn't mean they can't be traded with success, but each day forward gets a little more dangerous I think.

the p/e's are all way to high. They should come down.

Then patience will be rewarded<gg>

Best Regards,

John