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


To: GROUND ZERO™ who wrote (31249)10/24/1999 3:33:00 PM
From: Stcgg  Respond to of 99985
 
REASON TO BELIEVE A MOP-UP RALLY LIES AHEAD..

There are 5 Blue Chip stocks ready to report on Monday, which may attempt to rally the Dow to the higher resistance level of 10592-10719.. Also, the 5Day NYSE volume is still approaching the overbot region, this indicator normally turns down prior to a trend change, and has yet to do so..

>><<



To: GROUND ZERO™ who wrote (31249)10/24/1999 3:39:00 PM
From: Jorj X Mckie  Read Replies (1) | Respond to of 99985
 
GZ,
Straight down to 1160??? I see some strong support (P&F) around 1220 and would expect a couple of consolidation points along the way (1270 & 1235).

JXM (holding SPX puts already)