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

To: HairBall who wrote (67907)	1/29/2001 9:17:53 PM
From: bobby beara	Read Replies (1) \| Respond to of 99985

lg, i'm basing the bull flag on the consolidation in the last 5 or 6 trading sessions in xci/sox, we had something of a sentiment peak last week and the corning news seems to have corrected that sentiment excess and the ndx held support in the baseline of the inverted H&S pattern, also the failure of csco news to take the index down is bullish, means we need to get more overbought, haven't checked rydex #'s today, as i said last week i thought the rising wedge trendlines expanded with the low put in.