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


To: Benkea who wrote (22549)8/9/1999 8:06:00 PM
From: pater tenebrarum  Respond to of 99985
 
the people buying all this trash must have been asleep when Larry Kudlow informed us that there IS NO INFLATION, on friday i think. <G>



To: Benkea who wrote (22549)8/9/1999 9:51:00 PM
From: bobby beara  Read Replies (1) | Respond to of 99985
 
Benkea, like those commod charts, i've been dashing in and out of gold stocks for the last couple of weeks, i took profits near thursday high and luckily bought back in at the open today when i saw gold open up positive.

HM was one of my plays, notice the volume candle out of a long term declining wedge and a short term rounded bottom. I noticed at some point today lowly little HM was on the top of the call buying list - maybe HEINZ should investigate.

I also agree with your elliot wave post, i think we a working on a wave 4 triangle and will be making a lower low this week probably.

CRB should have a hard time at 200, but double bottom projects to 205 area, something to watch closely, turn the CRB upside down looks like Dow chart.

bb