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


To: Arik T.G. who wrote (13638)5/12/1999 9:36:00 AM
From: bobby beara  Respond to of 99985
 
Arik, I am not currently playing cpq, but I believe it has a five wave correction and is very oversold on very strong support area.

I'm looking for blood in the internet sector and would like to see the XBD take out the little hump to confirm the next leg up. Check out the narrowing triangle and drying up volume on NDB.

This is another thing that makes me bullish on tech, when bellwether intc had it's major flush a couple of months ago, it put a floor in.

on the prowl, but still in the zoo -g-