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


To: Zeev Hed who wrote (80608)7/20/2001 12:14:09 PM
From: bobby beara  Read Replies (1) | Respond to of 99985
 
Zeev, i've been scalping 30-50 cents here and there on lu long, and when i saw that tail yesterday on nasdaq, i blew it out, figuring this could be a big down day, and now it's running away with out me -g-

we will know next week if the Rydex index is right or not (g).>>>

rydex is always right, it's just that we don't know the exact level that it's right at -g-



To: Zeev Hed who wrote (80608)7/20/2001 1:17:29 PM
From: James Strauss  Respond to of 99985
 
The Nasdaq Is Coiling...
******************************
The trading range for the Nasdaq continues to compress... I'm looking for a test of 2000
or 1985 in the next 5 days...
bigcharts.com.

I think it will ultimately have to close the gap in the 1975 area before the Nasdaq can
attempt to make a sustained rally that will take it beyond the current boundaries of the
compressed trading range... 1985 to 2120...
bigcharts.com.

Jim