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


To: big guy who wrote (25461)9/10/1999 10:33:00 AM
From: donald sew  Respond to of 99985
 
Hi,

The Futures were up strong after the PPI announcement, and implied a very strong ralley, but now the the market has given up most of the early morning gains and is now relatively flat.

My CLASS SELL signals on WED, surprisingly, are still in effect, and for now still represents the short-term top
(1-5 days) in the DOW and other indicies.

Really a tough market to trade or invest. ggggggg

seeya



To: big guy who wrote (25461)9/10/1999 11:55:00 AM
From: Fun-da-Mental#1  Respond to of 99985
 
Good point, Big Guy. If commodity prices are rising and retail prices are falling then presumably margins are going to get squeezed.

Fun-da-Mental