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


To: pater tenebrarum who wrote (24491)9/2/1999 8:22:00 AM
From: HairBall  Read Replies (2) | Respond to of 99985
 
heinz and all: It seems by the look of the Futures this AM, the "bearish" triangle formed by the Dow Industrials off the low on Tuesday will be resolved to the norm today.

homestead.com

Regards,
LG



To: pater tenebrarum who wrote (24491)9/2/1999 8:36:00 AM
From: donald sew  Read Replies (4) | Respond to of 99985
 
Heinz,

The futures are down significantly, so I went to search for news contributing to such decline. I really dont see any huge negative news other than the U.S.DOLLAR continuing to drop and that ASIA and EUROPE are down.

It is a bit abnormal to see the futures down this much without being motivated by other negative factors. It just appears that there is just a strong amount of negativity out there, simply put.

The economic report just came out and is in line with expectations, and the futures are still down significantly.

Maybe, its those darn 3-CROWs. gggggggggggggggggggggggggg

seeya