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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 670.21-1.1%Nov 6 4:00 PM EST

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To: Stephen who wrote (46564)4/16/2000 12:40:00 AM
From: Stephen  Read Replies (1) of 99985
 
I forgot to mention in my last post that my charts on the tech 'leaders' ... CSCO, INTC, DELL, IBM, SUNW, EMC et al .. only show a continued downtrend with roonm to go ...
We all have our own favourite indicators ... but RSI, Stochs & MACD are what I use ... and I don't see anything immediately bullish.

Also, IBM is expected to show 2% yr on yr revenue growth when it reports ... INTC should be okay (for a change).. but nothing stellar ... EMC will meet or beat by 1 penny ... but ALWAYS sells off after earnings ... what the heck ... I assume everyone catches my drift.

I think this story has a ways to run ... and I will be as nimble as I can be given the awful time lag of fills for limit orders !!

Stephen
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