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


To: Lee Lichterman III who wrote (14739)5/23/1999 11:59:00 PM
From: Stoctrash  Read Replies (2) | Respond to of 99985
 
My charts are updated.....no big revelations though on my part :-(

I wish I had a solid opinion either way, but too much of a mixed bag here, IMO. I'm holding longs...but cautious.

LG..sorry I missed the chat. I just got home.
Why don't we have one every Sunday night at a set time?



To: Lee Lichterman III who wrote (14739)5/24/1999 2:34:00 AM
From: nicewatch  Read Replies (1) | Respond to of 99985
 
Hi Lee, Good to hear from you. CMGI has been up for a while, at least a month or two.... maybe you missed it on the bottom. Just wanted to point out that your forks look like it is getting ready to bounce which it may maybe, maybe not. I would probably short this stock, before I would buy it.... right now, fwiw. the most recent forks are the ones to follow most, imo. beyond that, stick to ones that work best. the line you're referring to is an extra lower parallel of the up fork beginning back in december. to that end, this chart presents the most relevant forks, imo, right now. i just revised it to reflect a less confusing picture. <g> let me know what you think. geocities.com but you may want to add in that descending triangle it is forming along with the rest of the internets and the internets Index charts. The nuts are about to make a decision soon and if it resolves downward,the triangle projects one heck of a sell off. Right, I agree... it will be interesting to see what happens. the lower tine of that sideways-up fork is 215 for tomorrow, the middle tine of the down fork is 184. Talk to you later, take care Regards, Frank