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

To: cary garner who wrote (21853)8/3/1999 1:20:00 AM
From: HammerHead  Read Replies (1) | Respond to of 99985
 
The late selling was triggered by Internet sector today, we might see a reverse action tomorrow due to this news:

cnnfn.com

Internet stocks tend to be even-driven and many shorts will also run for cover to push the sector higher.

We might see intraday Nasdaq up 50+ and Dow up 100+ tomorrow if the Leading Indicators is within the expectation. Friday's economic data will be the key.



To: cary garner who wrote (21853)8/3/1999 1:39:00 AM
From: Gersh Avery  Respond to of 99985
 
Hi Cary ..

Another item ..

The yen is dropping like a rock tonight (read that as the dollar is jumping up)

Gersh



To: cary garner who wrote (21853)8/3/1999 2:22:00 PM
From: scotty  Respond to of 99985
 
Cary, looks like the yearly corrections will start during the summer instead of the fall....This may sound a little wild, but I am pretending it is 1998, and I know what lays ahead...So far, so good...scotty







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