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

To: Casaubon who wrote (71464)	3/7/2001 8:55:55 PM
From: John Madarasz	Respond to of 99985

btk tripped up at the 50, headed down to 479. A lot of people don't trust the H/S pattern I think because it's been so shaky in the recent BULL market. Now that we are in a down trending market, it's been beautiful to watch the rising wedges roll into H/S patterns, break down, rally back to resistance like they do in bear markets, then break down again. I would expect this to be a great pattern set up to watch for over the next 12-24 months. Lather...rinse...repeat

To: Casaubon who wrote (71464)	3/7/2001 9:12:22 PM
From: bobby beara	Read Replies (1) \| Respond to of 99985

c, ya biotech remains the biggest rydex sector fund in cashola, even though it's been cut in half since the top, it's still 3-4 times the cash of any other sector fund, this is a part of the missing "necessary -g-" capitulation picture, to go with the ursa people being so meek in a bear market -g-, from wat i've hurd on the street, the blue man group is on it's way out on the intel commercials, in favor of the ursa people, after andy grove said business suks and they bid up the stock -lol-