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

To: el paradisio who wrote (70907)3/1/2001 3:42:08 PM
From: Kenneth V. McNutt  Read Replies (1) | Respond to of 99985
 
<<SPX is holding the recent low,COMPX should find some support here,NYA holding
above the recent lows.
It's not a call for the bottom...but confirmation may come soon.>>

I am seriously considering jumping into ProFund Ultra Bear or Rydex
Ursa, and since I am always wrong(ask my wife) this is a powerful contrarian sign
and confirmation of bottom.
Please stop me!!! gg Aghh. Ken



To: el paradisio who wrote (70907)3/1/2001 4:13:41 PM
From: Les H  Read Replies (1) | Respond to of 99985
 
Nasdaq should confirm a short-term low by next week. The cyclical oscillators (modified Lane stochastic, triple-smoothed commodity channel index, and velocity) that have been confirming past 10-week lows have been flattening out at their lows for the past two days and starting to turn.


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