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

To: bobby beara who wrote (19956)	7/12/1999 9:41:00 PM
From: Haim R. Branisteanu	Read Replies (5) \| Respond to of 99985

BB, I bought EBAY at 150, it dropped to 128 what should I do now buy more on my credit card loan and average down, hold or sell. Any advise highly appreciated. Oh and BTW I am also in AMZN and YHOO there for sure I will buy more on my mother's and sister credit cards. BWDIK Haim

To: bobby beara who wrote (19956)	7/12/1999 9:44:00 PM
From: pater tenebrarum	Respond to of 99985

Bobby, i like the breakout in the XOI, but it needs continuation to convince me - XON did not confirm yet. regards, hb

To: bobby beara who wrote (19956)	7/12/1999 9:44:00 PM
From: pater tenebrarum	Read Replies (1) \| Respond to of 99985

the CYC can still go either way imo, though i do like the sector as such (no wonder - i'm long some of the components so my view is rather subjective<g>).

To: bobby beara who wrote (19956)	7/12/1999 9:55:00 PM
From: Les H	Read Replies (1) \| Respond to of 99985

FPP index is nearing a breakout of its resistance line. IP and GP both up today. Also re: bonds US dlr swap spreads widen on flight-to-quality bid CHICAGO, July 12 (Reuters) - U.S. dollar swap spreads widened on Monday amid a flight-to-quality bid sparked by troubles in emerging markets, traders said. Weakness in Argentina's and Brazil's stock markets, as well as rumors that China could devalue its yuan, encouraged investors to park funds in the relatively safe haven of U.S. government securities, which pushed swap spreads higher, said a New York-based swaps dealer. "There was a flight-to-quality trade today," the dealer said. "We saw Argentina bond spreads were wider by several hundred basis points and the Brady bonds that they have were wider by about 80 basis points." Monday's dealings marked a different type of flight-to-quality than was seen in recent weeks due to concerns over U.S. Federal Reserve manipulation of interest rates, the dealer noted. "With all these concerns about China, it was basically a reverse of what's been going on, where today was more of a flight to quality in the more traditional kind of sense," he said. The benchmark 30-year cash T-bond was up 1-1/8 points at 90-28/32, yielding 5.91 percent in late trade. Swap spreads widened early, first due to the continued tightness in 10-year repo, traders said.