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


To: JRI who wrote (80905)7/26/2001 7:34:33 PM
From: Boplicity  Read Replies (1) | Respond to of 99985
 
I don't think we are in downtrend at all, just a base building period that is going to take a long time to resolve. A nice long base will provide a very good foundation for the bull to resumes it's inevitable advance.

stockcharts.com[w,a]dbolnimy[dc][pb25!b50!b100!b200!a2400!a1900!f][vc60][iUc20!Ua12,26,9!Lb14!Lf!Lg!Lj[$spx]]

I would be worried if the channel was broken, then I would look for a retest.

B