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


To: HairBall who wrote (28429)10/5/1999 2:50:00 PM
From: j.o.  Read Replies (1) | Respond to of 99985
 
Hi LG, Looking at that 10,400 level in the Dow as key indicator right now. When it failed just now, we dropped 50 points in a flash. If we retake it, I will have to consider going long.

I'm selling into it right now around 10,380 with a tight stop. What's your view?

j.o.
indextrade.com



To: HairBall who wrote (28429)10/5/1999 2:51:00 PM
From: pater tenebrarum  Read Replies (2) | Respond to of 99985
 
well, 99 points ain't what it used to be...

still it's a bit of an understatement to call that 'little reaction'...the bond is getting whacked. yesterday's gains are gone already.

regards,

hb