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

To: pater tenebrarum who wrote (13513)	5/11/1999 9:04:00 AM
From: HairBall	Read Replies (2) \| Respond to of 99985

heinz blasnik: The NYA/COMPX Composite broke above a bullish flag (a down trending consolidation pattern) with yesterday's price action. However, it needs to follow through with upward momentum for the next few days, to confirm. I am now inclined to be short-term bullish, at least, as I expect the Market to rally one more time. Expect the TYX to continue the downtrend I suggested would start yesterday, while the TYX was up. Trader be nimble, trader be quick...don't get burned as the Market flickers...<g> Regards, LG Disclaimer: My posts are my opinions only and I reserve the right to be wrong on occasion. Do not base any investment decision solely on anyone's views or analysis. Do your own research and take responsibility for your own investment decisions.