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: investz who wrote (11543)	4/20/1999 9:34:00 AM
From: StockOperator	Read Replies (1) \| Respond to of 99985

Prices on many of the charts have NOT stabilized as of yet. Or reversed for that matter. I would expect to see lower lows today. However, it is getting close to crunch time with many stocks sitting close to key support areas. So if we are to get a reversal in this downtrend it should happen relatively quickly. In this environment I would not try to make any kind of preemptive move to the long side. I would wait for a definitive sign across the board for a change in trend. Good trading. SO