Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Arik T.G. who wrote (6382)	2/16/1999 9:28:00 AM
From: HairBall	Read Replies (1) \| Respond to of 99985

Arik T.G.: Regarding the DJI falling wedge, I would not discount the possibility that it could morph into a bullish flag. To keep an eye on this possibility draw an upper descending line parallel to the lower descending trend line of the falling wedge. A significant breach of this upper descending line parallel to the lower descending trend line of the falling wedge would portend higher highs. IMHO Note: With Globex up this AM, on my DJI (Dow Industrials Actual) the upper descending tine of the pitchfork and the adjusted upper descending trend line of the falling wedge is in jeopardy of being penetrated. BWDIK Regards, LG