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


To: KymarFye who wrote (72480)3/17/2001 2:30:18 PM
From: Casaubon  Read Replies (1) | Respond to of 99985
 
Yah, I believe that's the one. What was scary about that scenario was the lack of support right down to that line. It would literally be a crash that could still be contained to an uptrend, if I dare use that term.

Anyway, this week I put some crash bids into a trading account.



To: KymarFye who wrote (72480)3/17/2001 5:22:43 PM
From: Casaubon  Read Replies (5) | Respond to of 99985
 
AllansAlias provided this chart:

geocities.com

He says the 90's channel was given up, as we discussed. Can we go all the way down to the 1140 target on that chart and still contend that the bull market is intact? That just seems too absurd. So, what would it take and what would it mean to violate that trend line?