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


To: Yogizuna who wrote (22665)8/11/1999 8:41:00 AM
From: James F. Hopkins  Read Replies (1) | Respond to of 99985
 
Yogi ; The thing that's suspicious to me is the timing and how
the NDX turned on a dime. Traders don't trade like that , so many
different issues and all can't just pivot all at one time like
in some rehearsed and orchestrated dance.

Yet when I mention the market is Rigged or manipulated I often
get toasted for even suggesting it could be anything less than
honest. Just how are these fast turns coordinated if no one is
violating the anti trust laws ?
Jim



To: Yogizuna who wrote (22665)8/11/1999 4:55:00 PM
From: James F. Hopkins  Respond to of 99985
 
Yogi; ALL..rally may not last too long , strong push up at the
last min in the NDX was meet with heavy Futures selling, they
dropped the futures even more after the Bell.
It's going to be one hell of a BULL/BEAR fight tomorrow..
I got short the QQQ at 15:58 , that ropes off the long
position I took out in the UOPIX on the close yesterday
----------
Now I'm not sure what to do, being I'm roped off I may
just exit both on the close tomorrow , that will give me
my UOPIX gains for the day either way it goes, and leave
me back in a cash position.
I do see a strong GAP DOWN in the AM, if it don't exceed
today's low we could rally off of it about 10:30-11:00
The dollar is up nicely so stocks should follow if it
holds, however it looks like it has a gap on to fill.
It's a mess..but I got my rally <G>
Jim