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

To: d j chen who wrote (71698)	3/10/2001 7:00:22 PM
From: bobby beara	Read Replies (1) \| Respond to of 99985

dj chen, those trendlines may or may not be valid, lg is the keeper of the trendlines, i would prefer to concentrate on the trendlines of the immediate downchannel from the fomc meeting, looking for a breakout. one should never ignore a fool moon or a zeev's turnip day -gg- stockcharts.com[l,a]dacayymy[d19981008,19990101][pa2052!b200!c20][vc60][iUd20!Ub14!Ll14!Le12,26,9!La12,26,9!Lh14,3] the nasdaq plugged the gap on friday from the santa rally 98, which was the breakout gap from the july 98 top (people thought i was nutzo many months ago when i said we had a good chance of filling that gap -g-), this may or may not be a spot for a nas bear rally, rallies are in the show me phase, there were 91% ameritrade buys on friday, looking for capitulation and don't have it there. imbo