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


To: donald sew who wrote (20520)7/20/1999 9:57:00 AM
From: bearshark  Respond to of 99985
 
Donald:

There is some buying going on now (9:45 EDT). From yesterday's moneyflow on the INDU and SPX, the small money was negative and the block trades were positive.

If the INDU fails to fall significantly by noon, then we may get something similar to the limit down day in the globex futures back in April that was turned around to start a nice rally.

My main hope is that the personality of this market does not change. It has been very predictable over the last several years and I would hate to go back to the drawing board.