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


To: KymarFye who wrote (82744)3/5/2002 11:07:23 PM
From: John Madarasz  Respond to of 99985
 
thats the measurement right now to the bigger downtrend line from late Aug 2000 highs at 4147.2 through the Jan 2002 highs... hard right edge at 1550

of course it changes every day<g> but close enough for govt work



To: KymarFye who wrote (82744)3/6/2002 10:05:58 PM
From: bobby beara  Read Replies (2) | Respond to of 99985
 
stockcharts.com[w,a]daclyyay[de][pb20][vc60][iUb14!La12,26,9]&pref=G

naz summation should cross the 20dma tommorrow unless we have a huge reversal, confirming an it buy signal

stockcharts.com[w,a]daclyyay[dd][pb21!d15,2!a.57][vc60][iUb14]

put/call m/a rolling down from deep in the hole, only a week ago i remember somebody asking zeev if we could have a black monday -g-, and bears were mauling jt -g-

the dow looks pretty overbought, but it looks like the trend has changed and buy the dips is in place until we get p/c averages back up to something that resembles more exhuberance.