MDA - Market Direction Analysis Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : MDA - Market Direction Analysis

SPY 687.70

+0.7%

4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: pater tenebrarum who wrote (18364)	6/23/1999 9:57:00 PM
From: bobby beara	Read Replies (2) of 99985

Heinz, your hitting on all cylinders here -g-, but then again we think alike and you are ahead of the game with the SBUK internet direction coffee connection -g- from several of the telecom and tech charts i think we can still have upside here into the end of the month in selected issues and I will go with Tom McCllelan's call - what ever the fed does the market won't like it. We have had a couple of days of minor change readings in the Oscillator on mon and tues, so the greater market is still in stasis, even though selected high beta areas are gyrating. The Nikkei is breaking out to new highs and oil is following, i believe this relationship is key here. Please look at the bear flag on the DJT. I have a Bank index chart i sent to Haim that may confirm this problem, as these two sectors were the big boo boo's of last fall. The XAU looks like a bear flag, as does gold, a volume upspike tommorrow would probably flip my beanie. bb

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next