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


To: Les H who wrote (68218)2/1/2001 9:17:24 AM
From: HairBall  Read Replies (1) | Respond to of 99985
 
NASDAQ Composite Intraday Chart...

My Intraday/Daily Charts – COMPX (NASDAQ Composite) 135-Minute Semi-log
Coincidence or influence, you make the call? The Oct 99 Gap up leading to the NAZ 99-2000 blow off came back into play the last couple of weeks. As the recent rally stalled it appears to have done so right at this previous gap up. I think this gap represents the rim of the blow off cap and is worth keeping on screen for future reference.
lgscharts.homestead.com

How to Interpret My Charts
marketdirectionanalysis.homestead.com

Regards,
LG



To: Les H who wrote (68218)2/1/2001 9:24:47 AM
From: Les H  Respond to of 99985
 
Can Greenspan's quick rate cut prevent a recession?

nytimes.com

Fed's statement on lowering rate

dailynews.yahoo.com

looks like they're in a contradictory position of trying to reflate an economy in which they blame inflation arising from energy prices as drags on consumer and business spending.