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


To: bobby beara who wrote (67069)1/17/2001 11:56:18 PM
From: Mike M  Read Replies (1) | Respond to of 99985
 
Yeah, today looks like the S&P funded the Naz...maybe tomorrow NAZ will reciprocate.



To: bobby beara who wrote (67069)1/18/2001 9:25:23 AM
From: HairBall  Respond to of 99985
 
bobby beara: The VGY is raising some concerns...the next few days will be critical.

My End of Day Charts – VGY (Value Line Geometric) Daily Semi-log
This Index has once again risen to challenge its 200-day SMA. I am not a candlestick person but the stick generated with yesterday’s price action does not look bullish. Anyone care to comment. Two of my three primary indicators are nearing extreme ranges, this raises the “possibility” that we may see more of a retrace than I originally expected and fosters some concern as to my counter trend rally target expectations. The next few days should clear away the haze, this is not a time to get over confident.
lgscharts.homestead.com

How to Interpret My Charts
marketdirectionanalysis.homestead.com

Regards,
LG