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

To: James F. Hopkins who wrote (21460)	7/29/1999 8:40:00 PM
From: Monty Lenard	Read Replies (1) \| Respond to of 99985

Almost all the damage was done ON THE OPEN and till 10:30.. after that it looked like almost flat.. You are right except if you can look at the adv vs dec vol in the last 15 to 30 min today. Now that may not mean anything but I can tell you rather than buying at the close there was strong selling. That could have just been the traders getting out? I hope we get a bounce because I committed a fair sized chunk of money today believing that we will. But I can tell you that we are not through YET. And, no I have not seen the list. Where is it? You must be hiding it somewhere.

To: James F. Hopkins who wrote (21460)	7/30/1999 1:22:00 AM
From: Gersh Avery	Read Replies (3) \| Respond to of 99985

Hi Jim See you've been visiting over there on my thread. I think that Berney had a nice idea .. just take away that leftover campaign money that they would get normally get at retirement. (somethings gotta hurt them) Anyway .. been watching the yen tonight? See the spikes down? That's the BOJ. They don't want the yen to high. 8AM their time .. noon their time .. should see another swat about 2 and then perhaps 4 for good measure. If that is not enough then the BOJ will ask the Fed to keep it up in the US until the desired effect is achieved. Now it is possible that the traders could overpower the BOJ .. but I think that will take a while .. the wall has been hit. So then .. say that the yen stops going up .. that it just stays flat. Then what? Markets kinda flop around for a day or two then ... Orrrrr .. traders give it up and the yen falls back .. sorry, not this time .. then what? No time for flopping eh??? Today was a surprise for me .. broken supports all over the place .. and yet ........... Gersh