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

To: Challo Jeregy who wrote (22653)	8/11/1999 3:18:00 AM
From: Lee Lichterman III	Respond to of 99985

Thanks for the heads up on the P&F. I keep meaning to update but never seem to have the time. There should be a bounce in the morning. I haven't cross checked with Gersh's numbers yet but I show we could be negative on the futures inthe morning and still be in Buy program territory. I came up with -158 for a buy and over a negative 500 for a sell. How long the bounce will last though is anyone's guess. If we do get a meaningful bounce here, I will have to go over my charts again since I show the NASDAQ and OEX in no man's land right now hovering just under a trendline but in between fork tines. Futures are still up a few despite all of Asia being down right now. EDIT - Oh great putrid one, nice to see you back. I thought I smelled something foul today but figured it was the rotting corpes of those that bought the "absolutely have to own stock" AOL at the highs. <g> Good Luck, Lee