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


To: bobby beara who wrote (20297)7/16/1999 7:19:00 PM
From: pater tenebrarum  Read Replies (1) | Respond to of 99985
 
Bobby, the 'early warning' nutz subsector in which EGRP and NTBK are wallowing has also started to weaken, moving below 10-&20 dma's which are in the process of crossing over bearishly.

regards,

hb



To: bobby beara who wrote (20297)7/16/1999 7:26:00 PM
From: pater tenebrarum  Read Replies (2) | Respond to of 99985
 
Bobby, while some nutz charts look better than others, the lack of strength in the sector suggests that the more speculative participants have been gravely wounded by the correction of this group.

regards,

hb



To: bobby beara who wrote (20297)7/16/1999 7:33:00 PM
From: dennis michael patterson  Read Replies (1) | Respond to of 99985
 
bb, the nutz have had it. Dclk is exemplay-- a strong up day, yesterday, followed by a totally blah day (today). AOL sinking, Yhoo teetering, and Amzn halted. The net is on hold, methinks. How's that Yhoo right shoulder? EMC? Only if the NDX heads up, otherwise, Stallsville.