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

To: bobby beara who wrote (7208)	2/28/1999 11:08:00 PM
From: HairBall	Read Replies (1) \| Respond to of 99985

bobby beara: Comments you bet...great contributions! I like the way you can post comments and arrows on the java charts. That is very helpful and it suits your style of communication well. I wish WOW would work that into their charting software...<g> As always, you support your expectations well. I do think this next week will tell us a lot! Are you expecting a major move down next week per your NASDAQ Composite Chart comment, "Make or Break Week"? Your DOT chart, I believe that is a rising wedge, not a flag...<g> Same bearish expectation, though! Are you going to play what your Schwab chart is telling you and go for a short sell? Regards, LG

To: bobby beara who wrote (7208)	3/1/1999 10:20:00 AM
From: yard_man	Respond to of 99985

I like it ...

To: bobby beara who wrote (7208)	3/2/1999 1:07:00 AM
From: Wildstar	Read Replies (1) \| Respond to of 99985

Bobby, Nice chart on SCH. I have a question on it though. It seems that between points 3 and 4 on that chart, that formation could also be called a rising wedge if the lines were drawn just a bit different. I have no experience with chart formations and I am just curious why the current rising wedge is bearish but the formation between points 3 and 4 was bullish (the stock took off afterwards). I hope you are right because I got some puts on SCH. Thanks in advance.