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


To: James F. Hopkins who wrote (21024)7/25/1999 10:02:00 AM
From: Yogizuna  Read Replies (2) | Respond to of 99985
 
Jim,
That's right, sometimes when we get good ideas, it's just better to get it out, then worry about perfect writing and all that jazz.
On the OEX, it looks like we have a chance to rally now, that is if support at the 697.50 area can hold. Then, we have some resistance at the 703.50 area to either penetrate, or get turned back by. And it will be interesting to see whether or not we get the "Turnaround Tuesday" phenomenon this time around. So it's possible we could get a rally on Monday, and then back down on Tuesday, or the other way around if the 697.50 support area does not hold. Interesting times here. Yogi