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


To: HairBall who wrote (21256)7/28/1999 8:18:00 AM
From: Lee Lichterman III  Read Replies (1) | Respond to of 99985
 
Thanks, I received your e-mail and it is the same one I downloaded. My problem is they claim that *NYE is the NYSE but I am not getting any data on it. Also, I tried their symbol for the DOW transports and it was about 300% higher than my previous prices. Oh well, I will work without it until I can call them and get it straightened out.

Don, I understood what you were saying. I was just pointing out that your three day scenario was likely barring news to the contrary but that my mid term cycles stuff points to the possibility that this could be a longer lasting rally than we think. My stuff barely moved yesterday implying that the move upwards could actually last a couple weeks. It was meant more as a warning to keep some powder dry when shorting so that more could be added down the road.

Dennis, I concur on EMC and it has been staying contained by my fork so far. A few more points should be about it then it will be time to move on. I am watching a few issues that are acting strange to get a hint as to what they are up to. Did you notice K which has been in a long down trend? Suddenly reversed upward strong. We may be having another rotation to the old DOW fuddy duddy stocks again like I wrote about a couple months ago.

Good Luck,

Lee