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

To: Crimson Ghost who wrote (66610)1/11/2001 5:45:21 PM
From: el paradisio  Read Replies (1) | Respond to of 99985
 
Wow...75! My target is 67-68 maximum for a short time...but you never know...Biotech and Telecom may bring some more gains
for QQQ.
el



To: Crimson Ghost who wrote (66610)1/11/2001 6:01:15 PM
From: Stoctrash  Respond to of 99985
 
George...the QQQ is the NDX dude....it's just that the QQQ trades off the AH events. So many people think there is some magic to that when in fact it is just normal. I was able to sell some at 63 3/16 just a few minutes before the close...too bad I held some also :-(..ohhh well.



To: Crimson Ghost who wrote (66610)1/11/2001 6:05:47 PM
From: zamboz  Respond to of 99985
 
George--Advance decline line has been looking strong lately. Today the NAZ had 2756 advances to 1162 declines. In that sense, the market is looking healthy. Yet, the old generals in the 100 are in trouble. I was hoping for their downfall a couple months back as a sign of a capitulation.
Now they will probably be a drag on the market going back up.


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