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


To: Saulamanca who wrote (77692)5/31/2001 6:58:28 PM
From: Saulamanca  Read Replies (2) | Respond to of 99985
 
Recession: Faith Vs. Facts
By Anirvan Banerji

thestreet.com



To: Saulamanca who wrote (77692)6/1/2001 9:11:09 AM
From: HairBall  Read Replies (2) | Respond to of 99985
 
Jim Bryan: My "End of Day" NASDAQ Composite Charts...I hope you find them worth the look!

My WOW End of Day – COMPX (NASDAQ Composite) Daily Semi-log Chart

marketdirectionanalysis.homestead.com

Wider View
marketdirectionanalysis.homestead.com

My "Updated" COMPX charts. As pointed out with my previous posting of this chart, the Naz Comp topped as it tagged the resistance line of the 74 Rising Megaphone in March 2000. Notice where the Naz Comp pivoted in April, just above the support line of the 74 Megaphone. The only breach of the 74 Megaphone was in 1990 resulting in an Adj 74 Support line also plotted on the charts. If the 74 Megaphone holds, the bottom is in for the NAZ...

How to Interpret My Charts
marketdirectionanalysis.homestead.com

Regards,
LG