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

To: Sonny Blue who wrote (11447)4/19/1999 3:34:00 PM
From: StockOperator  Read Replies (2) | Respond to of 99985
 
SonnyBlue,

We have come a long way in a short period of time. Not only have we seen roughly a 1000 pt move in two weeks. But if you go back six weeks on the DOW you have a low of 9163. Almost 1600 pts. So some sort of retracement would only be normal. Of course an adept trader will make money on both sides of the market. But so far the long term trends are still firmly intact.

Good trading.

SO


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