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


To: Challo Jeregy who wrote (26849)9/23/1999 3:50:00 PM
From: Benkea  Respond to of 99985
 
Challo:

"Guess msft ready for some more buybacks"

Nah, they are probably about ready to sell some more naked puts <g>.



To: Challo Jeregy who wrote (26849)9/23/1999 4:01:00 PM
From: bobby beara  Read Replies (4) | Respond to of 99985
 
If the nifty five reach their projection of the June failed H&S, should get a 50% haircut.

bway.net



To: Challo Jeregy who wrote (26849)9/23/1999 4:20:00 PM
From: Rick Hay  Read Replies (1) | Respond to of 99985
 
Loaded up on Gold stock and options. That's FLIGHT to quality in an inflationary pressure market with interest rates on the rise and with a failing dollar. Expect big gaps in gold overnight with payday tomorrow! IMHO.

Gold stocks did well last year in October, some almost doubling. I'd expect at least a 1-2% jump in gold overnight based on the last drop we had from 10800 to 10600 range.

Japan will also crash BIG time tonight. Feel sorry for the poor fellows overseas waking up to this mess.

Any idea of where the bottom will be? This was a fast sell off but if it triggered the 200 DMA we could be in for brisk move down in the morning...