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


To: Psycho-Social who wrote (70981)3/2/2001 7:40:29 AM
From: c.hinton  Respond to of 99985
 
It may be that the market has momentum enough not to need a push.



To: Psycho-Social who wrote (70981)3/2/2001 8:34:03 AM
From: el paradisio  Read Replies (1) | Respond to of 99985
 
<it will be difficult to push the Nasdaq down much further>...
I think, Nasdaq has still room to go further down...
Looking at my balancing analysis....Nasdaq can only find the ground here with "help" from Dow.
If Dow will start correction now, Nasdaq is too weak and will slide further.
The time for watching oversold conditions and making predictions on this status is over...
Regards,
el



To: Psycho-Social who wrote (70981)3/2/2001 10:32:59 AM
From: el paradisio  Read Replies (1) | Respond to of 99985
 
It might be a short term low on Nasdaq ...for going long more confirmation is the KEY.
Regards,
el