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


To: Lee Lichterman III who wrote (31918)10/30/1999 4:58:00 PM
From: Gary Burton  Respond to of 99985
 
L3--I like your site (have bookmarked).... Just wandered over to this thread. Excellent in my view. Will start to contribute shortly, if I may (I'm one of those wavers) ---in the meantime, would be interested in what you or others here think of the weekly chart of IFMX. Cheers.



To: Lee Lichterman III who wrote (31918)10/30/1999 5:04:00 PM
From: KM  Read Replies (1) | Respond to of 99985
 
<<I see a few danger sign hints like IBM, DELL and CPQ trying to party with the rest in the rally despite warnings, lower earnings etc>> Those are probably the best short candidates in a rally, since they're basically in the rising tide of the overall markets.

I heard anecdotally through my brokerage firm that a lot of people were getting seriously damaged over the past few days trying to short some momo monster called ISLD, which I have never heard of. It truly beats me why people try to chase something like that up when there's stuff like you pointed out just begging to be whacked.



To: Lee Lichterman III who wrote (31918)10/31/1999 10:25:00 AM
From: Benkea  Read Replies (2) | Respond to of 99985
 
Lee:

"The TYX made a waterfall drop and a weekly bearish engulfing hinting that rates should continue to drop and the Bond should continue to rise following as I posted here off and on class two signals for a week."

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