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


To: Tom Pulley who wrote (83868)6/3/2003 6:13:42 AM
From: Hawkmoon  Read Replies (1) | Respond to of 99985
 
I don't really know if that is a meaningful formation, but at least it was down day! (vbg)

Well, we should retrace at least to $28.50 on the QQQ, in order to maintain the bottom arm of the Channel.

And if you're really lucky, you might get $26.

But the intermediate term trend (through 2003) definitely appears up.

Hawk