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


To: Rick Hay who wrote (26200)9/17/1999 5:59:00 PM
From: pater tenebrarum  Respond to of 99985
 
Rick, i would recommend you visit the 'daily charts' section at

decisionpoint.com

it offers a wealth of technical indicators and also has a historical charts section which is great for comparisons. note that IF a crash were to occur, it would almost certainly happen from oversold levels. as to which sectors would suffer the most, i guess most financial and tech issues can be considered. the former because they would suffer massive losses from their derivative and trading positions and the latter because they are so overvalued and over-owned. at times i believe that the market may surprise us yet again with a massive blow-off rally, but the internals are now so extremely weak that i use almost all rallies to add to short positions. if a blow-off does begin, i am prepared via hedges.

regards,

hb