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: Ibexx who wrote (83375)	8/17/2002 10:23:19 AM
From: Casaubon	Read Replies (2) \| Respond to of 99985

it did the same thing in Oct 2001.

To: Ibexx who wrote (83375)	8/19/2002 12:26:14 AM
From: bobby beara	Read Replies (1) \| Respond to of 99985

Ibexx, i'm seeing that and both summation indexes have crossed their 20 dma a week or two ago, these crossovers have worked perfectly during the v bottoms we've had during the last year, and they've worked decently for the tops too, but the tops have taken long to form. We had sentiment indicators and momentum indicators that met or exceeded the level of grimdom at 9/22, however it's quite possible that a full or partial retest may be in order many averages are showing rising wedges into resistance, and you have to give the bear the edge since all the major and minor trends are down. bkx wedgie stockcharts.com indu wedgie stockcharts.com not sure if history will repeat this fractal, but in 98 we had a rising zig/zaggy flag, the summation index turned up sharply, we had a 90% upside day only a few days after the 8/31 bottom (just like this time), the flag rallied into the h&s top and retested to bottom, the snp and nas made new lows. stockcharts.com and it is still summer and people haven't started to shop for halloween yet -g-, i can't decide whether to get a kenneth lay mask or a bernie ebbers mask, which one do you think is scarier -g- the cyclical stocks are sporting a big triangle, could break either way stockcharts.com[w,a]dbclyiay[p][vc60]&pref=G citigroup looks like it had one pushed down from the jan top, then three pushes down from the march top, it looks like this is a 4th wave rising wedge, no other index chart looks exactly like this, and it's impossible to get any kind of clean elliot count on this stuff stockcharts.com[w,a]dbclyiay[dd][pb50!a35.5][vc60]&pref=G maybe a martha stewart mask, trick or insider treat -g-