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

To: eichler who wrote (76317)	5/2/2001 10:19:23 AM
From: eichler	Read Replies (1) \| Respond to of 99985

Looking better yet...GGG Daily chart looks "smokin".... 5e8s ma crossover on the daily. Bullish. We should have a steady upward move to the next fib retrace level from the 2/1 slide to the 4/5 low. 2250 is the next target (50% retrace). Doubt it will be a straight moon-shot, should have plenty of opportunities for scalps and re-entries. Break-out update: USIX ho, ho, ho. Easy money! Charts alone foretold this and I hope the fact that I was able to point it out as it was happening might open some eyes to the power of technical analysis. It's hardly voodoo. A science unto itself. Best of luck trading everyone! Regards, Eichler the 30 ema on the 5 minute chart is at the gap from this morning. Expect that support to be touched before we move higher.