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


To: pater tenebrarum who wrote (20228)7/15/1999 9:21:00 PM
From: Lee Lichterman III  Read Replies (1) | Respond to of 99985
 
I totally agree. This may help explain the flat market. The exuberance ignores the bad news but there isn't enough "free" money to fuel the wishes of the bulls. Either there needs to be an injection of new money or the bad news needs to get more serious.

Another hour before I get data so no view of the market yet other than to say, INTC misses and goes up, AAPL has a great report and drops like a rock on huge volume. I guess I will have to get some gravity shoes so I can hang upside down to trade this market. What is wrong with these CEOs, haven't they figured out only cruddy companies sell stock! <ggg>

Good Luck,

Lee



To: pater tenebrarum who wrote (20228)7/15/1999 9:43:00 PM
From: Haim R. Branisteanu  Read Replies (4) | Respond to of 99985
 
The inflow of funds as per amgdata.com is also relatively slow only $1.9 Billion in an up market.

and some perspective
July 1996 SPX 650
July 1997 SPX 900
July 1998 SPX 1200
July 1999 SPX 1410.

TYX - long bond

July 1999 115/116
July 1998 118/119
July 1997 115/114

Haim



To: pater tenebrarum who wrote (20228)7/15/1999 10:51:00 PM
From: HairBall  Read Replies (1) | Respond to of 99985
 
heinz blasnik: This is extremely important to watch. The Japanese government began to orchestrate a reduction in their bubble in the Markets and Real Estate and look what happened. Of course there are a lot of differences but it still “bears” watching...<g>

Regards,
LG