MDA - Market Direction Analysis Message Board

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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 683.31

0.0%

Nov 12 4:00 PM EST

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To: Jerry Olson who wrote (16478)	6/8/1999 10:29:00 PM
From: stockycd	Read Replies (1) of 99985

OJ, You trying the daytrading bit??? I'm long this rocket. The (yellow canary) semi's didn't tank with the rest of the market today...We're going higher. I think GZ is up to 6 SPX cont. and 12 bond cont. If that's not bullish, I don't know what is<GGG> Maybe another day of this garbage--Heck, we can't go straight up! (can we???)<g> When bonds rally, the market will rally BIG TIME....The bond buying should start tomorrow. My system has the TYX heading toward 5.75ish this week...BWDIK. CMGI--touched the downtrend line today and pulled back...a definite maybe though. Later, Chris

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