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

To: Eddy Blinker who wrote (77749)	6/1/2001 7:14:05 PM
From: HairBall	Respond to of 99985

Hello Eddy: Well I think the market has been in constant flux. So, IMO it moves again on Monday. Since Jim and I were talking about the NAZ Comp, I'll assume so are you… My intraday multiple time frame technicals are mixed. And, before I make a definitive prognostication I want to see what my "End of Day" stuff says as well. (To be updated over the weekend.) However, if I had to venture a premature prognostication I would suspect early Monday will be down. The Monday forecast will likely include a test of the support line of the in play RTC that originated at the 4/20 pivot-high. From there an intraday bounce is likely. Following that bounce, I think the 4/17-18 gap-up gets filled before the COMPX heads higher. Have a great weekend... Regards, LG