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


To: Stephen who wrote (6092)2/11/1999 12:56:00 PM
From: HairBall  Read Replies (1) | Respond to of 99985
 
Stephen: I think the Market as measured by the DJI has made a short-term intraday top per my "fairly new" (been using them for the last month) intraday technicals...<g> Time will tell.

They work best coupled with Level II for trading NAZ stocks.

EDIT: The upper descending trend line for the falling wedge (DJI) should stop today's advance if it get's that far...9335 area.

BWDIK
Regards,
LG



To: Stephen who wrote (6092)2/11/1999 2:29:00 PM
From: Stephen  Read Replies (1) | Respond to of 99985
 
trin getting lower as negative tick grows and the DJIA index goes up ..... time for me to go do something useful ..... as I play from the long side ....

Good luck all

Stephen