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: James F. Hopkins who wrote (16072)	6/5/1999 12:03:00 AM
From: Berney	Read Replies (3) of 99985

Jim. I hope you make mucho dollars, but, only after I get out of my long positions. <g> I only really follow the OEX and really thought that the 50 DMA was going to be severe resistance. It blew through it as if it didn't exist. I see several more hours of follow through Monday morning at a minimum. I see the the daily chart primed and ready for an explosive move up. To me the volume issue is the chicken or the egg coming first question. Any further move up and the folks are just not going to want to be left out. Yup, I believe the move is limited, but I believe it is real and you are premature. Time will tell. BTW I got a framed chart of the GE Sto falling below 20 and coming back through it. My analysis showed that a better winner you could not find, and, to me, GE represents the non-tech market. BWDIK Berney

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next