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


To: Les H who wrote (22203)8/5/1999 10:40:00 AM
From: j.o.  Read Replies (1) | Respond to of 99985
 
Les - not a great number, but we're moving higher in the bonds - looks like they are off to the races. Buyer here/seller of the TYX.x

Stocks also snapping back after capitulation. I've just picked up some SPX, and am buying NDX now. NDX on the daily chart just hit the channel support (wide uptrend channel formed since feb.)

Higher from here, methinks.

j.o.
indextrade.com



To: Les H who wrote (22203)8/5/1999 10:40:00 AM
From: HairBall  Read Replies (1) | Respond to of 99985
 
Les Horowitz: With the current drought, food prices will be going up. Some of the farmers interviewed on CNN say it is the worst they can remember and the State of Maryland says worst since the 30's.

Regards,
LG