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

To: HairBall who wrote (68324)	2/2/2001 12:00:19 PM
From: waverider	Read Replies (1) \| Respond to of 99985

Congrads LG. If you remember I asked you about PSFT some time ago. Your estimation about the possible break out upside was right on. This thread seems to be a very balanced place these days. There appears to be some disagreement on what possible leg we are currently in with this bear. From all appearences I would concur that #3 is still ahead. Not sure where this current stall plays into all this, but since the Fed's moves are being ignored by the market it appears as if boredom or worse is ahead. You haven't visited the QCOM thread for obvious reasons. Have you taken a look at the stock lately? As with the market, it appears to be stalling after the earnings announcement and if such continues, nervous holders will begin to sell again. At least that is my take. Would appreciate one of your charts on this one. Excellent thread. Been lurking for about 6 months now. Rick