MDA - Market Direction Analysis Message Board

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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 679.68

+0.7%

Nov 26 4:00 PM EST

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To: Michael Watkins who wrote (48482)	4/28/2000 2:42:00 AM
From: el paradisio	Read Replies (1) of 99985

Michael,thanks.GE is not dead yet but weak.Now ,who will take DOW up? drugs,not sure,AMAT,already went up 9% today. Now NAZ is momentum driven and I am almost positive that if DOW will start south, NAZ will join. NAZ is in "indecision " point going up ,down hundreds points,gaps,islands and all possible bearish/bullish formations.This is not a healthy signal of a new bull trend.It has to be resolved soon. Congestion on GE will likely resolve in negative direction in my view. Don't worry,I am always bullish to the last point....

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