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

To: JRI who wrote (81195)	8/3/2001 6:40:31 PM
From: chartseer	Read Replies (1) \| Respond to of 99985

Opinion of chart: Reverse head and shoulders with the double bottom as the head. Then again what the heck do I know? I'm still just learning how to play this game, chartseer

To: JRI who wrote (81195)	8/3/2001 6:49:53 PM
From: eichler	Respond to of 99985

JRI, Holy smoke! I'm asleep at the wheel....... didn't even realize that. :-( Yeah, 2071 is close enough and that may have been it. grrr Gotta either quit trying to work and trade at the same time or maybe try out some eyeglasses for a change...ng Your comment of the candlestick pattern is right-on and I was thinking the same. It re-inforces that the bias is down for the forseeable future... The exact answer why 2071 wasn't good enough is that sometimes I am Mr Dense aka dumkopf aka dumba$$....lol On the plus side, my long hasn't collapsed in the AH so I should still be OK come Mon. a.m. Disturbing though I couldn't even see my own target coming so close.....gotta wonder about that! blindasabat, Eichler

To: JRI who wrote (81195)	8/3/2001 7:52:58 PM
From: eichler	Respond to of 99985

JRI, OK, just checked things out again....here's my lame excuse... home.earthlink.net This is the view I had on my screen as I was running in and out of my office like a chicken without it's head..... I was thinking that with the 60 min stochastics bottomed out and heading up into the close there would be follow through Monday morning. Also, the break-point I have identified (that is what I refer to as the point where the MA's cross-over) by the horizontal line has an eensie-teensie bit of of room above yet (LOL - why 2071 wasn't good enough...sheesh). So...notwithstanding some nasty surprise in the form of a gap-down Monday... I think it is possible to continue today's end-of-day action Monday a.m. Anyway, that's my story, and I'm sticking to it...gg Regards, Eichler