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


To: pater tenebrarum who wrote (31697)10/28/1999 12:37:00 PM
From: SeaViewer  Read Replies (1) | Respond to of 99985
 
I guess people are waiting for the judge' decision about msft.



To: pater tenebrarum who wrote (31697)10/28/1999 1:26:00 PM
From: bobby beara  Read Replies (3) | Respond to of 99985
 
Heinz - no putz -g-, this looks like a break-out to me, a bunch of stuff put in bottoming formations like the double bottom on XBD, McCllellan oscillator massive bottom formation and the last two days should provide a nice buy spike, as i posted there were a whole bunch of fibonacci turning points around the anniversary crash week and that front page headline, big volume in puts on 10/15 must have been enough for a solid bottom, ABC correction.

Everybody was looking for that capitulation day, i guess thats why we didn't get it, though we did get perma bullish Ground Zero and Jerry beary to join the hairy crowd -g-

Robert Rubin got out near the top and now he is back in near the bottom - at C. Take a look at Citigroup's chart, i believe we have a key reversal in bonds going also.

bwdik



To: pater tenebrarum who wrote (31697)10/28/1999 2:42:00 PM
From: donald sew  Read Replies (1) | Respond to of 99985
 
Heinz,

I do feel that there is 1 more upside day, at least, but we also have to keep in mind that GREENSPAN is talking tonight so that may have an impact. Wonder what he will say in light of the market appearing to be on the verge of taking off. Im sure that fits his plan. gggggggg

seeya