Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: HairBall who wrote (83065)	4/14/2002 10:53:39 PM
From: bobby beara	Read Replies (2) \| Respond to of 99985

Now you tell me<<<< LG, mamma said ther'd be days like this. well the kinder gentler pullback scenario and the 2B on wcom kinda died when softy pharted below the feb bottom, provided some bear kibbles and bits and started a larger tech exodus, now they need to make intel and dell into kitty litter. i believe a lot of people were looking at 1120 as support, now that we've broken, the next area is 1080, the ge news produced a big volume sell-off and some panic in the listed averages, now the 10 trin is above 1.5 again, but bottoms lately haven't happened on these breaches, bottoms have been produced on bullish divergences with the 10 day trin moving average making a lower high, while the averages make a lower low. my preferred scenario is that we need a few days or even this week to have some upside/consolidation to work-off the ge panic, then we will make new lows that should test the 1080 area. stockcharts.com the blue count coincides with the VZ count. markets.tradingtech.com