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

To: HairBall who wrote (78808)	6/15/2001 3:31:07 PM
From: eichler	Read Replies (3) \| Respond to of 99985

LG, <I hate it when that happens...> Me too! ggg Unfortunate by-product of being tall, too far up off the ground, effects of gravity. LOL Interesting comment I noticed yesterday on one of the threads. A consideration of a trend channel, the upper line seen by connecting the highs of 5/22 & 6/8, the lower line roughly parallel connecting the low of 5/12 and anticipating today as the next low. Don't know if that will hold but if it does, a move to the upper line could ensue. The look of the weekly chart with this weeks candle looks very poor to me, especially if price is unable to muster some sort of better move up off of todays lows. Clearly breaks the rally move up off the bottom. I would expect to see a lower low and lower high for next week considering the stochastics and adx generating fresh sell signals. Looks like next week could be a rough ride, IMO. Regards, Eichler