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

To: pater tenebrarum who wrote (17836)	6/18/1999 7:29:00 PM
From: Lee Lichterman III	Read Replies (1) \| Respond to of 99985

>>? i hope Don's class one sell works for monday so i can fortify my new positioning... <<< Just wanted to clarify he said the buy in was Monday's high. That means the drop won't start and complete until Monday late and could last until either the 75ish ( might be more since the DOW is so high now percentage wise) DOW points are completed or else Wed/Thursday if I understand his system correctly. No data so no views of my own yet, Good Luck, Lee

To: pater tenebrarum who wrote (17836)	6/18/1999 7:37:00 PM
From: bobby beara	Read Replies (3) \| Respond to of 99985

>>>i hope Don's class one sell works for monday so i can fortify my new positioning somewhat<<< Don will probably back this up, but his system is designed for trading ranges and technical breakout of consolidation patterns do not apply. i believe we are in that situation. If you want to see a classic failed H&S pattern, look at the AXP chart, where the right shoulder did not even come back down to support and reversed up. I think bonds are way oversold and AG has made it clear about the rate hike and we have two or three already priced into the market. I think the LT rates can go back as low as 5.5%. Global pricing pressures will continue to keep a lid on it and the big oil spike was a one time thing. From the sentiment and technical figures i listed several days ago, you can see bonds have been way oversold and now deserve a reaction the other way. Who sezs history doesn't repeat itself, we got msft breaking out of a 6 week consolidation phase, just like last year in mid June -g- Those who don't study the lessons of history get burned -g- The XCI triangle gives a possible projection of prices about 15% higher from here, though many times 5ths out of triangles are cut off at the knees. bwdik

To: pater tenebrarum who wrote (17836)	6/18/1999 7:54:00 PM
From: bobby beara	Read Replies (1) \| Respond to of 99985

decisionpoint.com Heinz, here is the argument for the truncated 5th. comments? bb

To: pater tenebrarum who wrote (17836)	6/19/1999 9:41:00 AM
From: Haim R. Branisteanu	Read Replies (2) \| Respond to of 99985

CPI is truly reflected in the government statistics. U.S. Economy: Housing Is More Expensive Than Government Says bloomberg.com. Siegal's experience highlights a divide between what the government says about U.S. housing costs and the sticker shock buyers and renters experience when they look for a new place to live. According to the Bureau of Labor Statistics, housing costs through the 12 months that ended in May rose 2.1 percent. Yet industry surveys indicate the figure is at least double that. In some areas, it's five times as high. BWDIK Haim #reply-10187506