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 671.91

0.0%

Nov 14 4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Haim R. Branisteanu who wrote (2740)	12/23/1998 5:06:00 PM
From: StockOperator	Read Replies (3) of 99985

I hate to beat my own drum but if you go back and read my posts I've been right on the money calling the direction of this rally. I called the highs in CSCO,,,saw YHOO and AOL playing catch-up with AMZN,,,even called for a break of 402 on the RUT today. I will admit a better case could have been made for the markets going down in light of the poor dynamics of the rally. The breadth numbers were lousy but based on the bullish chart patterns that have been developing, I saw higher prices coming. The RUT closed at the highs of the day, but is hitting upside resistance at 404. I won't get too excited until I see closing weekly prices over 405 level. Tomorrow could be that day. There are still many non-believers out there but when the RUT kicks in as well as the transports this rally will be broad based and definitely much healthier. SO

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next