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

To: dennis michael patterson who wrote (24832)	9/3/1999 2:47:00 PM
From: Challo Jeregy	Respond to of 99985

Dennis, if I may speak for Lee - I think we will be up tues,wed - people coming back from vacation, not wanting to miss out on rally. Don't forget Donald's signals <g> and, of course, with ppi,cpi, selling commences before #'s

To: dennis michael patterson who wrote (24832)	9/3/1999 2:49:00 PM
From: Lee Lichterman III	Respond to of 99985

I am no where close to a over bought signal on my system yet, there was cash hoarding the last month in the funds as their cash was being stored for later use, it is the first of the month time for new fund inflows and we were extremely over sold so an explosive move up like this is not out of the ordinary and could go another couple days. My forks suggest a strong upmove although I don't fully expect them to reach the top tines, I think they could make it at least part way there. One day moves like this usually get at least a little follow through the next trading day and that I was hoping to sell these calls on Monday's open on the initial upmove. As for cycles, I show mine way down so a crash here was getting more and more unlikely. Once the cycles move up a little, then we can have the bottom fall out on the PPI report next week. I need to get back to watching this so I can find an exit. EDIT - Challo - LOL Good Luck, Lee