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


To: Les H who wrote (18699)6/28/1999 5:52:00 PM
From: GROUND ZERO™  Read Replies (2) | Respond to of 99985
 
Les,

I agree with you... A bullish cycle pattern has a
more right handed translation and also an extended
period as in those examples you aptly cited..... BTW, if we have recently seen a cycle
low, such an elevate low could only be construed as
bullish for the markets.....

Also, if the markets like the FOMC outcome, then
watch out for an explosive rally in the bonds, I
think they've already factored in a full point rate
hike... such a rally can easily ignite the
equities.....BWDIK The surprise will be to the upside, to the dissapointment of many bears.

GZ



To: Les H who wrote (18699)6/28/1999 6:04:00 PM
From: Haim R. Branisteanu  Read Replies (2) | Respond to of 99985
 
Analysis of end of Day Closing prices and recommendations
in Rubins & Uncle Al Tulips Market - Oil Stock are telling a story

This is the most effective list, but validate signals. Results
are relative to the SPX and move relative to the SPX - Haim
see more data & info at bway.net

Today is 06/28/99 Remember this is a computer scan only

S&P Closed 1331.35
S&P Change 16.040

Recomandation Price Stoch. RSI RSI RS
Change ROC%

BUY SIGNAL ON U 44.500 9.275 39 5 25
SELL SIGNAL ON UBS 9.125 78.906 50 0 -189
BUY SIGNAL ON HOT 29.625 8.642 35 9 42
BUY SIGNAL ON ECILF 32.938 31.818 42 6 17
SELL SIGNAL ON CWZ 49.250 85.333 50 -4 -76

CURR PREV CURR STOCH
TICKER NAME CLOSE CLOSE Vol % %K %D RSI
------------------------ ------- ------- ------- ------- ------- -------
CSCO CSCO 61.938 61.312 84.119% 86.470 85.543 61.036
* PRICE BREAKOUT ABOVE 50 DAY HIGH OF CLOSE
COL COL 23.125 22.375 109.028% 13.260 11.658 42.429
* STOCH BUY
CSX CSX 46.562 44.000 162.949% 22.414 18.669 50.911
* STOCH BUY
CUM CUM 56.875 57.938 70.049% 83.878 83.916 62.931
* STOCH SELL
DSCP DSCP 32.625 31.750 306.087% 92.697 92.349 76.819
* PRICE BREAKOUT ABOVE 50 DAY HIGH OF CLOSE
* VOLUME BREAKOUT 306.087 PERCENT OVER LAST 30 DAYS
GENZ GENZ 52.000 51.062 97.054% 83.681 85.070 67.012
* PRICE BREAKOUT ABOVE 50 DAY HIGH OF CLOSE
HWP HWP 97.375 92.625 105.612% 70.073 65.669 62.585
* PRICE BREAKOUT ABOVE 50 DAY HIGH OF CLOSE
IMNR IMNR 5.688 5.062 49.517% 19.626 16.654 41.948
* STOCH BUY
IVX IVX 14.500 14.625 114.970% 87.719 88.211 66.493
* STOCH SELL
KGT KGT 7.062 7.188 166.042% 83.333 83.888 45.571
* STOCH SELL
KO KO 61.062 61.875 114.036% 10.986 10.794 33.950
* STOCH BUY
NOVL NOVL 26.500 25.000 271.401% 87.770 85.025 67.681
* PRICE BREAKOUT ABOVE 50 DAY HIGH OF CLOSE
ORCL ORCL 36.688 35.750 51.609% 96.733 94.133 73.077
* PRICE BREAKOUT ABOVE 50 DAY HIGH OF CLOSE
TXN TXN 138.875 135.500 86.744% 78.796 81.080 66.825
* PRICE BREAKOUT ABOVE 50 DAY HIGH OF CLOSE
U U 44.500 43.250 68.781% 9.275 8.835 39.848
* STOCH BUY
UBS UBS 9.125 9.125 36.329% 78.906 81.729 50.270
* STOCH SELL
HOT HOT 29.625 28.750 69.066% 8.642 5.548 35.502
* STOCH BUY
* RSI BUY
KMET KMET 22.031 21.812 55.039% 83.015 82.481 82.318
* PRICE BREAKOUT ABOVE 50 DAY HIGH OF CLOSE
WDC WDC 6.438 6.250 109.893% 5.000 6.439 34.198
* RSI BUY
ERC ERC 13.875 13.750 81.081% 88.095 88.723 67.603
* PRICE BREAKOUT ABOVE 50 DAY HIGH OF CLOSE
* STOCH SELL
KF KF 14.562 14.250 212.817% 86.458 87.100 66.895
* PRICE BREAKOUT ABOVE 50 DAY HIGH OF CLOSE
CWZ CWZ 49.250 50.062 26.632% 85.333 88.964 50.520
* STOCH SELL



To: Les H who wrote (18699)6/29/1999 12:07:00 AM
From: Les H  Respond to of 99985
 
WHAT TO EXPECT NOW. ORD ORACLE. June 28, 1999.

If appears the bottom on the September S&P's came on Thursday at 1319.1. If you remember on our previous commentary, one of our downside targets was 1320. On Thursday a 1028 downtick reading was recorded and did coincide with a bullish candlestick pattern called a "Hammer". For most bottoms signals there are two extreme downtick readings days that are at least one day apart. The first downtick reading day should exceed minus 900 and the second downtick reading day should be near 70% of the first and coincide with a bullish candlestick pattern. These conditions lead to a buy signal. Friday a 650-downtick reading was recorded which was the second extreme downtick reading, but no bullish candlestick pattern was present. Therefore no buy signal was triggered. However today the OEX went above the high set on June 23, which implies the bottom has been see and the rally has begun. The upside target on the OEX is 695 and on the September S&P's is 1390 area. For very short term the 5-minute bar chart may be drawing a "Wedge Pattern" that has a downside target near the 1330 area. If this pattern is a "Wedge" than we will look for a safe place to buy the OEX calls on the pull back.



To: Les H who wrote (18699)6/29/1999 4:57:00 AM
From: donald sew  Respond to of 99985
 
Les,

>>>> I would also leave open the alternative of the cycle having been extended to 12 months or longer. Bear markets (such as 1981, 1990, and 1994) are usually followed by extended bull runs of 12 to 18 months as opposed to the 'normal' intermediate-term bull runs of 9 months. <<<<

You are correct. Even without making your adjustment the statistical success rate of the 9-month cycle is quite high. With your observation, it just makes it that much more effective.

seeya