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


To: donald sew who wrote (4840)1/28/1999 1:05:00 PM
From: HairBall  Read Replies (2) | Respond to of 99985
 
donald: PITCHFORK, WEDGES, DESCENDING TRIANGES, PENNANTS - WHAT ELSE gggggggggg

I know...<g> I like it better when there is only a single controlling formation....keeps it simple.

I have been looking at the TRAN, UTIL, NDX and RUT. The SPX has elements of both the DJI and NDX. With the divergence between the two, the SPX is skewed between as of late. I don't think it can be a leading indicator.

This week has brought an explosion of new graphic input...wow!

The P&F folks are bearish, the EWavers are about to rip off those velcro outfits. (Now that will be a sight.) The BK "tug boat captain" is looking for some downside activity.

StockOperator and Doug R, expecting new highs!

Time for the "maestro" to play us a tune...on that guitar! <g>

BWDIK
Regards,
LG



To: donald sew who wrote (4840)1/28/1999 5:43:00 PM
From: Jack T. Pearson  Respond to of 99985
 
PITCHFORK, WEDGES, DESCENDING TRIANGES, PENNANTS - WHAT ELSE gggggggggg/I

How about ritual sacrifice? Sounds like a cult to me! ggg

Seriously, did you see that Greenspan told a Senate committee today that although there was hype in the internet world, the promise is enormous and some, but not all, of the internet stocks may well be worth their current values.



To: donald sew who wrote (4840)1/28/1999 6:29:00 PM
From: The Perfect Hedge  Read Replies (2) | Respond to of 99985
 
Don-
Sorry if you've covered this but are you seeing a good pullback sizing up here soon?

B*