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Strategies & Market Trends : Systems, Strategies and Resources for Trading Futures -- Ignore unavailable to you. Want to Upgrade?

To: Patrick Slevin who wrote (31384)8/24/1999 2:49:00 PM
From: donald sew  Read Replies (3) | Respond to of 44573
 
Hi Patrick,

Havent spoken you in awhile.

Not sure how much legs this rally has, since the market internals are not improving. Its interesting to note that the A/D is actually negative and the NEW HIGHs/LOWs are slowly deteriorating from yesterdays position.

If this is as high as we go before a short-term top, only the DOW was able to set a new high, so the majority of the indices are still in the LOWER LOW and LOWER HIGH mode.

Wow when I started this message the DOW was still positive
seeya



To: Patrick Slevin who wrote (31384)8/24/1999 2:55:00 PM
From: Chip McVickar  Read Replies (1) | Respond to of 44573
 
Next few weeks....off 5%...1300 cash

But I thought today would be +.50

There's a median line at 1375-7 SPX which should be very strong

Yup it just bounced off it and down...Sell the News

Powerful moves.....everywhere..the pits really cleaned out the cupboards<<chuckle>>

If not placed right...you got squashed.


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