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


To: pater tenebrarum who wrote (17420)6/15/1999 1:53:00 PM
From: bearshark  Read Replies (2) | Respond to of 99985
 
Heinz:

I thought we might get some kind of a sell-off before the end of the day today to avoid tomorrows numbers and reports. However, things are holding firm right now.

At times like this, I feel less than a six-pack.



To: pater tenebrarum who wrote (17420)6/15/1999 2:59:00 PM
From: HairBall  Read Replies (1) | Respond to of 99985
 
heinz: I have had a sell signal on my Composite Index since about 1pm EDT. With the TYX trending back up....it be will interesting to see what happens after the long bond stops trading again today.

Oddly enough, this is often a revealing time as is the first hour before the equities stop trading.

I have been both long and short today. These more volatile markets are better for trading. Maybe not investing...<g>

It appears that the bullish formations on the NDX, COMPX and DOT are to be negated. I may well see the Market re-enter the long-term rising trading channel.

Regards,
LG

Note: Do not trade based on my signals as they are subject to change without notice.