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


To: KM who wrote (12402)4/29/1999 12:58:00 PM
From: pater tenebrarum  Read Replies (1) | Respond to of 99985
 
KM, just looked at the chart, they seem to bounce around between their 10 & 20-day moving averages in a sort of consolidating period. usually this presages a strong move. i'm inclined to speculate that it might be a move to the upside, due to their recent upside bias and great relative strength. their 10/20-dma's had a bearish crossover though. to think i shied away from them at 72, way back when....

regards,

hb