MDA - Market Direction Analysis Message Board

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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 659.00

+1.0%

Nov 21 4:00 PM EST

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To: HairBall who wrote (8016)	3/11/1999 7:29:00 PM
From: Lee Lichterman III	Read Replies (2) of 99985

Who knows? Just wish he would come here and give some tips <g> What do you make of the high volume today? Is this the churning top as the big boys dump to the little people or is this the move to break out? As I said, I don't have any data for the day but I sniffed around Yahoo and pulled a few quotes and it seems at first glance that many of the advancers were on low volume and the dippers were high volume. ORCL only met lowered estimates and fell 19% after hours and MSFT said they will MEET estimates and admitted that revenues were starting to slow as expected. Sounds like reason to rally to me <ng> Now we just need interst rates to double and we can shoot for 20K on the DOW. bb- Thanks Good Luck to both of you, Lee

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