Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: James F. Hopkins who wrote (18141)	6/22/1999 12:01:00 PM
From: j.o.	Read Replies (2) \| Respond to of 99985

Funny isn't it! We've seen everything trade up on lack of followthrough to the downside this morning, but we don't seem to find much followthrough buying either... I think that L3 is playing it right...play it a little short into this rally and buy it back if we take out yesterdays highs. I still favor the downside here until that happens. Still occurs to me that many people are antipating bullish patterns, instead of waiting for confirmation. Trade well, j.o.

To: James F. Hopkins who wrote (18141)	6/22/1999 12:11:00 PM
From: pater tenebrarum	Read Replies (1) \| Respond to of 99985

Jim, before they get a second wind i feel they have to backtrack a bit; bullish sentiment has made a big comeback lately and needs to be wrung out some. the nutz indicator is very useful and i doubt this will change anytime soon. most of the parameters we currently employ to get a 'feel' for the market will likely only change if something about the market as a whole undergoes a major change. for instance a post-crash trading environment may be radically different from today's. until then i will continue to use financials,nutz and leaders such as MSFT to provide me with guidance for my expectations. regards, hb