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 659.00

+1.0%

Nov 21 4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Tenpole who wrote (12294)	4/28/1999 7:34:00 PM
From: Lee Lichterman III	Read Replies (2) of 99985

IMO, today's DOW would be closer to a gravestone Doji, regardless it is still a bearish sign. First of all, I updated all the charts at the MDA Site including the weeklies again. Note how the DRG index is breaking a fork that goes back two years. What also concerns me is how all the indicators across almost every sector index is topped out. Seems like all the stars are lining up and theyare doing so near a peak. Bull rallies don't begin at peaks. <ng> On just about every index that is holding up, I am starting to get sell signals on. While my signals are often early, even on my weekly charts are usually within a couple weeks. I hate to say it, but although in my gut I am bullish for some unknown reason, all my charts are saying to start stocking food supplies inthe fallout shelter. <g> One interesting thing I heard today, that Goldman Sachs may prop up the market all they can until after their IPO is down next week. How much money do they have?????? Good Luck, Lee

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next