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


To: pater tenebrarum who wrote (25914)9/15/1999 12:01:00 PM
From: scotty  Read Replies (1) | Respond to of 99985
 
Heinz, I've found a good contrarian indicator. Whenever TFC prints < This market is EXTREMELY BULLISH > go the other way....TFC DAQ 100, analysis under chart....http://futures.tradingcharts.com/chart/ND/99

Bull trap?






To: pater tenebrarum who wrote (25914)9/15/1999 12:19:00 PM
From: Benkea  Read Replies (1) | Respond to of 99985
 
"apparently govt. stats are not taken seriously anymore..."

You mean you don't buy the deflation in airfare despite their two highest expenses (interest and gas) skyrocketing <g>.



To: pater tenebrarum who wrote (25914)9/15/1999 12:21:00 PM
From: Robert Rose  Read Replies (2) | Respond to of 99985
 
Technically, the dot is in great shape. At these levels (22% below the April high), as long as interest rates behave, and with xmas season before us, it is hard to imagine much pullback....