MDA - Market Direction Analysis Message Board

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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 679.68

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Nov 26 4:00 PM EST

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To: StockOperator who wrote (7861)	3/10/1999 7:31:00 AM
From: donald sew	Read Replies (2) of 99985

StockOperator, In reference to my original question of what are good stocks to initiate new long positions right now, your list of LVLT,WCOM,QWST RNWK,PMCS all seem to be quite toppy right now, for the short-term. I only did a quick TA on them, and know nothing about the fundamentals, but please be cautious, since most of them appear to pullback right about now some. Im not saying that they cant go higher, but right now may not be the right time to buy them since they may head down first. They also look a bit toppy for the MID-TERM(30 days) also. For the long-term they look OK. seeya

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