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


To: John Pitera who wrote (1826)12/15/1998 12:10:00 AM
From: Magnatizer  Respond to of 99985
 
Market magnets 12.15.98

Message 6836863

ht
david



To: John Pitera who wrote (1826)12/15/1998 12:24:00 AM
From: Jon K.  Read Replies (1) | Respond to of 99985
 
Could some of you guys give more simple market directions for newbies?

DJI and Nasdaq are what an average investor knows. So if you could give us in terms of above index direction, it would be very helpful.

I gave my first shot of MDA last Saturday:


I will have to vote for bear, around 8550 by the end of next week. - with week's lowest
point of 8400


I will just add this Wednesday as the lowest point of this week.

If you can give something like this as a guide to newbies, it would be very much appreciated.