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

To: Jacques Chitte who wrote (22222)	8/5/1999 1:21:00 PM
From: HairBall	Read Replies (1) \| Respond to of 99985

LRS and ALL: Short ANCR at 24 for at least an intraday trade... EDIT: An "in your face" 5-min bar rising wedge...be sure and use the semi-log chart! Regards, LG

To: Jacques Chitte who wrote (22222)	8/5/1999 1:21:00 PM
From: John Pitera	Respond to of 99985

I doubt we have hit the low for the Quarter, we have 5 new IPO's today and they are trading higher, so the sentiment is probably not in place for a low for Q3, although we have the elements of a trading rally that could last several days.