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

To: GROUND ZERO™ who wrote (18790)6/29/1999 3:19:00 PM
From: bearshark  Read Replies (2) | Respond to of 99985
 
GZ: The NYSE volume came into the last hour at 600 million. A slow last hour adds 150 million. Watch for anything over 770 million on the close.

This was done with an anemic 80 million share first half-hour. Anything significantly above 770 million shares for today on an up-move should lead to the rally I anticipated tomorrow morning.



To: GROUND ZERO™ who wrote (18790)6/29/1999 4:40:00 PM
From: Judy  Read Replies (1) | Respond to of 99985
 
I was expecting stronger movement, given low volume. Not expecting heavy volume short-covering since most technical shorts probably covered at lower levels and most fundamental shorts are not giving up.


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