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


To: anon who wrote (81509)8/21/2001 12:36:10 PM
From: Death Sphincter  Read Replies (1) | Respond to of 99985
 
Looking back, I didn't totally 'spellout'the parameters that move. The s-t
wave that I was looking at had to go into the mid-low 50's minimum to be valid for me. AND for that particular s-t wave to STAY valid it had to have a maximum down to 1151, anything lower than 1151 would negate that particular leg of the s-t wave, so far-so good.
now I want to see the FED spin and reaction.....and see how it fits into the potential wave counts going down from the May high. 1151 and lower are still alive....but so is a big rally

DS