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

To: pater tenebrarum who wrote (17248)	6/14/1999 2:17:00 PM
From: bearshark	Read Replies (3) \| Respond to of 99985

Heinz: I have watched the internets today. There have been very few posts to the "IDEA" thread also. If you go back to the charts of the IXY2 (Isdex) and the DOT, you can see how they failed the retest of the apex in their triangles. They could fall a great deal more. The trading today appears well-managed to me. It looked like they were going to slam the market at about 10:10 Eastern. However, buying came in at about 10:40 before it got serious and abruptly changed that move. Then some quiet selling came in at 11:40 Eastern and ended at about 12:35 Eastern without causing much of a ripple. It was significant but quiet. When it ended, it reversed abruptly. It is interesting to watch the DOW stocks move up as other indices fall or collapse.