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


To: KM who wrote (30905)10/21/1999 9:13:00 AM
From: dennis michael patterson  Read Replies (3) | Respond to of 99985
 
He worries me as well. It could be ugly if he does something stupid. I think we will get the big down open followed by a small bounce and then the wicked selling will commence. I would not be surprised to see down 300 at some point today. It would be beautiful.



To: KM who wrote (30905)10/21/1999 9:17:00 AM
From: Plaything  Read Replies (1) | Respond to of 99985
 
Its pretty wierd whats occuring in the big name techs. First INTC took a big hit, then DELL, now IBM, so can we expect MSFT tomorrow to get axed?! If so then are we setup for a Monday crash?
IMO the overall trends in Oil, the 30-yr bond yield, and Gold over the past 6 months have continued to reflect an upward bias, and so the Dow (followed reluctantly by the NAZ) will trend lower.