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 (31875)10/29/1999 7:18:00 PM
From: Benkea  Respond to of 99985
 
Lee:

"MSFT gapped up onthe open, I know, I was trying to buy it <g>"

What DIDN'T?



To: Lee Lichterman III who wrote (31875)10/29/1999 7:23:00 PM
From: Benkea  Read Replies (1) | Respond to of 99985
 
Lee:

Most of my stuff today had 50, 100% or more over average daily volume to go with the rocket rides. I just don't see the utility in questioning two back to back waaaay high volume days that took things through resistance and downtrend lines like they were butter.

I would be shocked if this thing didn't go considerably farther.

Only caveat: There is something to be said for window dressing which would be complete today (ergo: trouble 11/1 and on).

PS. Took a flyer on some TYC Jan$45s @ $3 near the close. Since I've never been to Vegas, I thought I'd see what it was like <g>.



To: Lee Lichterman III who wrote (31875)10/29/1999 7:28:00 PM
From: pater tenebrarum  Read Replies (1) | Respond to of 99985
 
Lee. take a gander at some of these candles....either we have a runaway market, or if it reverses on Monday, we'd have a few abandoned babies hanging around...

decisionpoint.com

we had record high equity call volume today...

the TRIN and CVI indicate the same: either we have seen the beginning of a true blow-off, or we get a very negative reversal in a hurry:

decisionpoint.com

decisionpoint.com

the RYDEX bond ratio indicates the rally in the bond may reverse anytime:

decisionpoint.com

the NAZ had it's biggest volume day EVER....

scary...

regards,

hb