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


To: thebeach who wrote (31525)10/26/1999 8:47:00 PM
From: Lucretius  Read Replies (1) | Respond to of 99985
 
maybe, nothing would shock me anymore



To: thebeach who wrote (31525)10/26/1999 9:19:00 PM
From: stockycd  Respond to of 99985
 
beach,

Maybe it's bearish here. But CNBS is as bullish as ever tonight. They pumped the MSFT/INTC Dow deal big time. They all but ignored the EBay earnings. The lady at Instinet said, "They came in above expectations, I have no idea why its down 14."?.?.?

Sheesh, get a clue. I hope when this market tanks for good, its for no reason whatsoever! Most of the news out today was ++++++++ forget about it. When big news doesn't drive it up, she's just waiting to drop.

FWIW, the NDX 60 min chart was not violated to the upside at any time today. The main trendline was broken to the downside at 1:30 or so, so it's downhill from here--target about 2390 until a pause.

Good luck!

Chris



To: thebeach who wrote (31525)10/27/1999 3:00:00 AM
From: Vitas  Respond to of 99985
 
Someone tried that before recently.

On more than one occasion.

It did not work.

Vitas