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

To: Lee Lichterman III who wrote (23325)	8/18/1999 5:53:00 PM
From: James Strauss	Read Replies (3) \| Respond to of 99985

We may have a few rocky days but the moving average crossovers on the major indexes tells me we are heading higher... techstocks.com The McClellan Summation Index is flattening out into a bottom formation... Jim

To: Lee Lichterman III who wrote (23325)	8/18/1999 9:22:00 PM
From: HairBall	Respond to of 99985

Lee: Got puts? I have not got the time to offer a detail read of my charts, but lets just say the TYX is hitting support as the major Indices are repelling from resistance. Don's TYX call marries up with my stuff and so does your expectation...Market goes down tomorrow. This next low is going to be important. If we're right, the Market should have a lower high, will it produce a lower low? This will be important, if so the correction is NOT over... Regards, LG PS: Keep an eye on the RUT and TRAN.