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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?

To: KM who wrote (16614)	6/9/1999 10:02:00 PM
From: HairBall	Read Replies (2) \| Respond to of 99985

KM: The sellers seemed a bit frenzied there, don't you think Yes... DELL - I stopped watching it today. My technical read using my longer-term intraday timing models suggest Dell is moving up from hear at least short-term. A lot of selling was being absorbed today. You may well profit from your short play, based on my shorter-term intraday timing models. But I would look to close the position early once it/if drops below 34.5. Basically, I am not comfortable with my read...the action was just to “ify” for me to play it. ...Sew is expecting a down day tomorrow. SUNW is definitely in a bullish triangle and very close to a break out. It closed just below the upper descending trend line. And, it was walked up in a rising trading channel that could be viewed as short-term even intraday bearish. So, I would wait for the break above before placing the bet. There is still the possibility for some pullback before she goes up and over. Remember Sew's expectations for tomorrow. Regards, LG