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


To: KymarFye who wrote (83089)4/17/2002 12:06:58 AM
From: bobby beara  Read Replies (1) | Respond to of 99985
 
dude, turn off entertainment tonight for market que's, i've posted this chart 2 or 3 times in the last week -g-

stockcharts.com

the bears failed to take out the neckline, amid puking by ge, soft, and a bunch of other quality names, and now has what looks like a breakaway gap to me, you've got bullish divergence set-up in macd and a/d line.

I got my Time Magazine in the mail yesterday, turn to the table of contents, and i see the page 39 story

AOL: A key exec is reassigned, Was the merger with Time Warner a big mistake.

All of a sudden i started feeling a real pit in my stomach about being pretty much flat after trying to bottom fish a week ago and stopping out after the doji didn't follow thru.

I had been eyeing AOL's wave count for a completion, being in a free fall since may of last year, then i open up the spread, first page a rocket ship, then the two page spread, the roadrunner, standing on top of a busted up rocket ship that is strapped to beaten up wile E. coyote's back and the puking aol chart at the top of the page.

OOOOOOOOOOOOOOOOohhhh MYYYYYYYYYYYYYYYYYYYYYYYYYYYY.

thats the bottom,

the print run had to be on april 13th, because the aol chart was up to the 12th, just after two huge volume puking days -gg-
stockcharts.com[w,a]dbcayiay[dd][pb10!c20][vc60][iUb14!La12,26,9]&pref=G

i think you can buy time warner now, and get AOL for free.