Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: donald sew who wrote (26684)	9/22/1999 10:51:00 PM
From: Jack T. Pearson	Read Replies (1) \| Respond to of 99985

I see how MSFT looks like a bearish flag or bearish wedge. But MSFT also looks like a cup an handle. If it breaks upward it will probably be good for 10 to 15 points.

To: donald sew who wrote (26684)	9/23/1999 5:23:00 AM
From: Lee Lichterman III	Read Replies (1) \| Respond to of 99985

I got a short term buy signal on the DOW tonight but on nothing else. The others appear to be a couple days away depending on what today does. Weekly charts are still way over bought on the tech side of the house. I still think that we could bounce due to window dressing and such to the point that despite the ugliness I am actually comtemplating a long play. Someone talk me out of it <GGG> DOW chart looks like crud on P&F, but many of the sector indexes are putting up a fight here. Life could get real interesting soon. GLOBEX needs to be in the high 400 range to trigger an opening buy and only needs to be down about .68 to trigger a sell. Open is definitely biased downward so be careful on the open all. Running late so have to run, See you all around 3:00 Good Luck, Lee