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

To: donald sew who wrote (5776)	2/8/1999 7:56:00 PM
From: Daflye	Read Replies (1) \| Respond to of 99985

Donald, Agreed and thanks. Both the Harami and Harami cross have low levels of reliability. The Engulfing pattern, more reliable, implies that more sellers were brought out at the open and buyers are coming back in earnest. Had markets dropped at the open, and finished at slightly higher levels, further upside would appear to be in the works. UGH. Indecision clouds my vision (Faith No More). heh heh heh. Methinks further rallies are suspect, we haven't seen anything resembling a selling climax, not even close. Thanks for bearing with my dubious statements of the obvious. Cheers, Darin