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

To: donald sew who wrote (5588)	2/6/1999 8:14:00 PM
From: Monty Lenard	Read Replies (2) \| Respond to of 99985

Donald, I just attempted to draw the lines you refer to and posted the chart here cp-tel.net Monty

To: donald sew who wrote (5588)	2/6/1999 9:58:00 PM
From: Bull RidaH	Read Replies (1) \| Respond to of 99985

DonEBaB, I'm seeing the same thing... Strong down for the first few days of the week, short term lows by late in the week with a 3 to 6 day upward/sideways bias beginning from the lows on Thursday. That upward/sideways action should be followed by one more bout of selling to conclude a week or 2 after option expiration. Then we bottom and head for higher ground. But OH! what a drop we should see this week!! Record breaking? Sure, why not!! Regards, David