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

To: Tom Pulley who wrote (83412)9/22/2002 6:34:26 AM
From: Rock_nj  Read Replies (1) | Respond to of 99985
 
Don't forget about the Iraq factor. An attack on Iraq, especially one the gets messy will probably send the market lower.



To: Tom Pulley who wrote (83412)9/24/2002 12:06:14 AM
From: bobby beara  Read Replies (1) | Respond to of 99985
 
Message 18026265

most of the averages are back into the single digits above the 10 dma, the mccllelan oscillators are near extremes,

there is no guarantee that we will bounce much here, but we are probably at least in the pause area.

today we made new lows in the nasdaq and we continued the slide in the dow below 8000, but the st press and media indicators did'nt cover this, they were panicky at these levels in july.

be careful.


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