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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 671.910.0%Nov 14 4:00 PM EST

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To: HairBall who wrote (12384)4/29/1999 11:23:00 AM
From: Lee Lichterman III  Read Replies (1) of 99985
 
Well, I decided to sit home even though I don't have a trading plan yet due to the circus last night and having to re-do my charts this AM but ....

The sector indexes I had signals onare starting to diverge. The sell on CEX Chemicals is obviously early as it has pushed to new highs this AM but the FPP signal was timely as it is collapsing as I type this. THE GAX Gaming is flat and I haven't had time to check all the rest yet. My entire watch list is red except for IBM and I forgot which either GE or PG. Techs getting killed again.

Someone commented on NVLS, I have had a weekly bearish triangle in work on that for the last few weeks which I think will push it down substantially.

*OT* I am going to be moving my private site soon so those that did visit once in a while if you want the new address, PM or e-mail me when it disappears. Micron limited me to 150 internet hours so I had to have 2 accounts. They just made Boise a local call so I am migrating all my sites to AT&T This weekend.

Good Luck,

Lee
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