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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude -- Ignore unavailable to you. Want to Upgrade?


To: pumpkinmn who wrote (13243)3/12/1998 2:29:00 PM
From: Doug R  Respond to of 79270
 
Pumpkinmn,

MKTY is likely to base out here at best. A downtrend in the short-term SMI has begun which makes the downside risk greater than the upside potential for now. As the base is built, the technical situation should reload and I would know more at that point. Remind me to take a look at it on Tue.

Doug R