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


To: John Pitera who wrote (21510)7/30/1999 8:50:00 AM
From: KM  Read Replies (1) | Respond to of 99985
 
Oops: "Death of Equity and Bond Markets" in Business Week. And just when you think you've got a decent correction starting . . . .



To: John Pitera who wrote (21510)8/3/1999 12:03:00 PM
From: Teresa Lo  Read Replies (2) | Respond to of 99985
 
The last ingredient is commodity prices, and on the weekly chart, they're going sideways on the CRB but oil prices are up and so are the grains, so this might be "it".



To: John Pitera who wrote (21510)8/3/1999 12:57:00 PM
From: bobby beara  Read Replies (2) | Respond to of 99985
 
John, ndx breaking the right shoulder of what appears to be an angled H&S pattern using the late June right shoulder, target for this pattern is the 200 day moving average near the June lows.

also check out the biotech index which has gone parabolic.

bb