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

To: pater tenebrarum who wrote (20452)	7/20/1999 10:00:00 AM
From: bobby beara	Read Replies (1) \| Respond to of 99985

Heinz, nice view of microsoft volume as we discussed a while back: intelligentspeculator.com decisionpoint.com The complex bottom was only able to create a high of 80 on the oscillator - very weak. last friday as the spx was making a high and much euphoria was evident breadth was a weak breakeven on the nyse. We have broken the parallel upchannel today off the late may low on the oscillator, which looks like we will have to go down and create another complex bottom, liquidity was weak in the market on the run from june as only just a few sectors were being bought. SOX had big reversal, msft may end up being a bull trap. bwdik, bb