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

To: Lee Lichterman III who wrote (29528)	10/14/1999 3:43:00 AM
From: KeepItSimple	Read Replies (1) \| Respond to of 99985

>I am probably just full of it that is what I am seeing. No, you're not. The futures are skyrocketing. Tomorrow will be up at least 100 points on the dow, probably around 60 on the naz. And thats just in the first 30 minutes. The options MM would literally be destroyed if they allowed the market to crash into expiration. They'll use every penny they made from selling those options in order to manipulate the market today and tomorrow. CLose puts and

To: Lee Lichterman III who wrote (29528)	10/14/1999 3:49:00 AM
From: JDinBaltimore	Read Replies (3) \| Respond to of 99985

Lee, Desperately seeking Holy Grail. I thought I was only nut up with roosters and BULLS <g>. This is only time I have to seriously fool with market info. Are you aware of any software that can do P&F charting with the QChart data feed? I'm becoming more fascinated with that dying charting system. I've seen you post on "Trading in an out" so you probably have read Options Jerry. That guy obtains remarkable calls from P&F charts! PS I Think Jerry is calling for a bounce today also. Best JDinBaltimore

To: Lee Lichterman III who wrote (29528)	10/14/1999 4:16:00 AM
From: Berney	Respond to of 99985

Lee, That's entertaining! I just posted the same concept in the other sandbox that I play in. My review of the 60-min charts of the Big Boyz says we rally into option expiration. I do not believe that this will be more than a DCB, but enough to shake out the weak bears and suck in some more silly bulls. Isn't this just a version of the continuing game? FWIW, I've got 10/26 as the key day to watch. Frankly, I'll admit being out of touch with Mr. Market so I've just sat on the sidelines and observed the thread. However, IMHO for the next couple of days, if you're not long, you are wrong! The key number to watch will be OEX 677 (then 685). It offered temporary support yesterday and then it was serious resistance. If we move thru 677, I believe we will move the 1% to test 685 very quickly. Just a View from the Swamp Berney