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

To: Fun-da-Mental#1 who wrote (27884)	9/29/1999 3:59:00 PM
From: Benkea	Read Replies (1) \| Respond to of 99985

OJ: Sold the trading portion of CMGI at $103.

To: Fun-da-Mental#1 who wrote (27884)	9/29/1999 4:12:00 PM
From: HairBall	Respond to of 99985

Fun: Actually the SPX fell out of its short-term rising wedge off yesterday's low at 13.25 EDT. That told the tell...a the least a retrace of the move up from yesterday's low was in the works....<g> Of course, when you get a short-term intraday pattern, before placing bets you must look for confirmation and it was there with a longer-term intraday time period stochastic reading among others. Regards, LG