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

To: pater tenebrarum who wrote (22504)8/9/1999 12:46:00 PM
From: HairBall  Read Replies (1) | Respond to of 99985
 
heinz blasnik: Heck, maybe someone read your post...<gg>

Regards,
LG

PS: I've been out this morning helping a family member begin the rollover process of some retirement accounts. I just dropped by my home office to take a quick look at the Market. I will be logging off shortly...good trading all!



To: pater tenebrarum who wrote (22504)8/9/1999 12:51:00 PM
From: Les H  Read Replies (1) | Respond to of 99985
 
WMT is one of the five highest correlated to the Dow. WalMart has broken below prior support. JPM is the other of the gang of five to have broken down. The other three: Citigroup, GE, and American Express are moving slowly toward the May/June lows.



To: pater tenebrarum who wrote (22504)8/9/1999 1:00:00 PM
From: TWICK  Read Replies (1) | Respond to of 99985
 
As far as indicators are concerned, I pay attention to the short interest when I look at the tech and especially the net sector. Without a strong short interest, especially in the nets, we won't see any kind of meaningful rally in that sector. Hence, I'm staying away from the nets. AOL as an example: bigcharts.com

Twick


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