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


To: iod_sherwood who wrote (71765)3/11/2001 5:37:16 PM
From: Doug  Read Replies (2) | Respond to of 99985
 
iod: On a valution basis, NAZ under 1615 (1998 low) is appropriate. It is likely to materialize thru a series of spike lower highs and lower lows. The no of spikes is dependent on the time frame.

You may be right about a tight trading range and limited oppurtunity for intra day speculation.