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

To: garrick le who wrote (17603)	6/16/1999 4:31:00 PM
From: Sonny Blue	Respond to of 99985

Yeap. Things look very bullish at the close. Could be like last year. Going to new high into July and drop dead after that. For now, I'm going long with the bulls!

To: garrick le who wrote (17603)	6/16/1999 4:46:00 PM
From: Compadre	Read Replies (2) \| Respond to of 99985

garrick le: I have a sell signal for the NDX today. Expect some follow through in the morning (+10 to +40 points) then the sell off. If this rally is for real, then this will be an intraday or one day play only. If not, then..... The SOX is in a break out, that is what makes me think that this sell off is going to be light. But one thing still bothers me a lot. It is that the volume even though it is a lot better than last week it is still below that descending trend line since April. I am still thinking this is in a trading range. Regards, Jaime