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


To: marginmike who wrote (73155)3/23/2001 5:22:37 PM
From: el paradisio  Read Replies (1) | Respond to of 99985
 
QCOM has the resistance in 2 areas here...59-60 and 62.
At 72-74 is a "major" resistance...
Today it didn't breakout, but it may open with the gap up on Monday.
The current position at 59 is "make or break time".
Tech stocks may have some problems on Monday, because IBM, AMAT,INTC and MSFT are all at the resistance areas.
CSCO is acting very weak.
That means....both, Nasdaq and INDU might be in red on Monday, if bullish gaps will not help...<g>

I hope, I'm wrong...
Regards,
el



To: marginmike who wrote (73155)3/23/2001 9:05:48 PM
From: Andrew  Read Replies (1) | Respond to of 99985
 
Idiot clown.