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


To: StockOperator who wrote (14847)5/25/1999 10:27:00 AM
From: Compadre  Read Replies (2) | Respond to of 99985
 
SO: Weather we rebound from here or not I believe that the markets could go down more. We could rebound to the 55 day EMA and then head down again. Like you said , the damage is done, and if this was a shake out, it will take a lot of time to repair that damage. And I would not expect the markets to rally from here.

Regards,

Jaime