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


To: bobby beara who wrote (18202)6/22/1999 7:41:00 PM
From: pater tenebrarum  Read Replies (1) | Respond to of 99985
 
Bobby the 'right shoulder danger' on MSFT is unfortunately still alive and well. p/c ratios indicate at least one more weak day ahead; could be to-morrow, thursday or both. we'll see.

regards,

hb



To: bobby beara who wrote (18202)6/22/1999 9:28:00 PM
From: Haim R. Branisteanu  Read Replies (2) | Respond to of 99985
 
BB, IMHO the only reason the market went into rally mood was to due to sentiment. There was no fundamental change which would justify a powerful leg up except that money mangers want a summer rally.

In any case take it one day at a time. The debt market will be flooded with around $14 billion in debt of which only 2 billion is government the rest GM, F and other placing J6P debt pile in the market.

It will be helpful to go back to July 1996, wen there were similar interest rates jitters and compare, and then overlay 1987 for longer term but adjust fo the August 11, solar eclipse.

Why ? Nostradamus said so <GGG>

www-physique.u-strasbg.fr

newscientist.com

nice picture members.aol.com

BWDIK
Haim