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

To: KeepItSimple who wrote (25448)	9/10/1999 8:40:00 AM
From: J. P.	Respond to of 99985

Cooking? not Cooking? who cares? It is what it is, and you just go with whatever is to try to make some money.

To: KeepItSimple who wrote (25448)	9/10/1999 9:01:00 AM
From: Dragon 1	Respond to of 99985

LOL!!! You are so funny and candid, but what were you thinking putting MSFT? This is a supertanker and its lagging the peers just helped poise itself for a big run. Look at the GBLX deal and you know where it's extending its feelers. Also watch the action of PCNTF today. Regards

To: KeepItSimple who wrote (25448)	9/10/1999 9:19:00 AM
From: Daveyk	Read Replies (1) \| Respond to of 99985

You might be OK on MSFT puts.Lots of sell interest on MSFT pre-open.Take a look here;just type in ticker symbol. thomsoninvest.net Best,Dave

To: KeepItSimple who wrote (25448)	9/10/1999 9:48:00 AM
From: Robert Graham	Respond to of 99985

I wonder where the market will be going at the open... 8-) There has been a change in sentiment talking place in the market that became very evident on yesterday's intraday chart. Looking at the daily of some issues, it starting showing up several trading days ago. Yesterday it first showed up in the sentiment driven Internet issues. Next it started showing up in other issues during the afternoon rally. Here we have an afternoon rally on bad news and ahead of the PPI report. Bad news includes: increased crude prices, sell off in the bonds, sell of in the dollar. So it does not surprise me that this PPI report is being taken as positive irrespective of the increase in the total PPI value. If the market is bullish, it will find the good news in the report, whether there is any or not. And I am not saying this is not a good PPI report in economic terms. But increases in oil prices do lead to other kinds of inflation. So the report could of been taken either way by the market. Yesterday many Internets closed at their high and look to be breaking out. However, even though stocks like MSFT, CSCO, and others can be said to be positive, their intraday charts show signs of distribution of one form or another. This includes the INTC chart which was left at a "fragile" point where it can break down. Hmm...I wonder if this is a consequence of money moving to the Internets in the shift that can occur in the profit taking cycles of the market. But National Semiconductor beat estimates which should help the semis continue their path upwards. AMZN is an Internet that has not responded as positively during yesterday's rally. Perhaps this will be a late comer to the game and may be worth consideration. And EBAY continues to do well. BWDIK. Bob Graham PS: Oops. Forgot to submit this post!