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

To: Stephen M. DeMoss who wrote (66546)	1/11/2001 10:10:25 AM
From: KymarFye	Respond to of 99985

Can't say much on VRSN - it's not showing the patterns I like to trade today, but if you like to play moving averages and DMI, then there's an argument for it right here as a day trade (could be consolidating nascent uptrend), esp. if you're impressed by the COMP's relative strength given overall context. (I am, but I need more to determine that a trade has high probability.) Showing precious little upward momentum intraday, DMI and stochastics both seem to be turning down, but it has been moving positively, has broken the most recent, steepest downtrend. In the daily time frame it's still obviously in a major downtrend. Might be pulling back up. I don't know... I'd like it a lot more about 10 pts. north of here, would start getting worried just two or three south. Really depends on what moves you... Meanwhile, the sky really is falling in So Cal.