SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Lee Lichterman III who wrote (31425)10/26/1999 9:15:00 AM
From: Benkea  Read Replies (1) | Respond to of 99985
 
Lee:

"expecially the NASDAQ futures jumped up and have been climbing ever since."

Largely because Crisco jumped in sympathy and the nuts are on fire as well.



To: Lee Lichterman III who wrote (31425)10/26/1999 9:17:00 AM
From: Benkea  Read Replies (2) | Respond to of 99985
 
HD, INTC, MSFT, & SBC are being added to the DOW!!!!!



To: Lee Lichterman III who wrote (31425)10/26/1999 9:20:00 AM
From: Benkea  Read Replies (2) | Respond to of 99985
 
There goes near term TA on the DOW!



To: Lee Lichterman III who wrote (31425)10/26/1999 9:30:00 AM
From: Matthew L. Jones  Respond to of 99985
 
Lee,

I watch the futures on the globex session. They have been trading right on the 10 EMA of the 30 minute chart all night. At around 2AM EST they crossed the 10 EMA to the upside but continued to trade along the moving average. At about 8:15AM the 10 EMA crossed the 50 EMA and immediately began to rally. I would say that the crossing of those averages factored into the break out, IMO. It has been straight up since then.

Matt