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

To: Lee Lichterman III who wrote (30981)	10/21/1999 7:37:00 PM
From: Challo Jeregy	Respond to of 99985

Lee, I posted that to show that there was, in fact, an increase! I can't understand how an index can show a decrease when the components of the index show an increase! btw- My Dad was short, so no argument from me<ggg>

To: Lee Lichterman III who wrote (30981)	10/21/1999 7:57:00 PM
From: Lee Lichterman III	Read Replies (1) \| Respond to of 99985

Something I hadn't realized and should be added to the equation. I just saw an add for the COMDEX show 15-19 November. Interesting time frame. Don't Techs usually rally around this show. How about end of month fund rally, COMDEX show rally, AG gets pissed then slams a 1/2 point rate hike in for a delayed mini kahuna just as earnings season ends. We get a nice clean out heart stopping mass sell off then bounce into a beautiful all is well X-mas rally. Hey, it could happen. <g> ( Judy, the head of Judyism) No charts yet so just sign me Befuddled

To: Lee Lichterman III who wrote (30981)	10/21/1999 7:57:00 PM
From: Stephen M. DeMoss	Read Replies (1) \| Respond to of 99985

I'm about to capitulate. If we were going down, it 'should' have been today. Thoughts? Steve D. <G>

To: Lee Lichterman III who wrote (30981)	10/21/1999 8:04:00 PM
From: Terry Whitman	Read Replies (2) \| Respond to of 99985

An update from the technician's old friend- the A/D Line: decisionpoint.com The A/D is breaking down now through near term resistance and looks like it will test the 96 lows in the next few weeks. Pretty much air below that to the late 94 lows. Was it Heinz that said thursday rallies are a trademark of bear markets. My confidence that we are 2/3 of the way thru the bear market is building. I think the majority of the public is getting close to realizing it's a bear market. When the Dow falls thru 10K- the majority will probably wake up. The A/D line forecasts an ugly final 1/3, BTW. Of course we could rally tomorrow if some hollyweird star has another IPO. Hohoho MTL (Major Tough Love)in store for the holders of IPO crap. Bearishly yours, TW