Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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: Teresa Lo who wrote (32341)	11/5/1999 8:38:00 AM
From: superdow	Read Replies (2) \| Respond to of 99985

wage inflation component up only .1%, looks like a GO!

To: Teresa Lo who wrote (32341)	11/5/1999 8:57:00 AM
From: donald sew	Read Replies (1) \| Respond to of 99985

Intelligent Speculator, The futures are up 22.00 and the DOW futures are up 137, and we had 3 or 4 days in a row that the futures were up big prior to the open, only to produce relatively flat days in the DOW and SPX. I mentioned in a previous post that I question the issue of plenty of money on the sidelines, since it is very hard to substantiate it analytically, not just by words. So this would be a good test today. If the market does not close up big today, in the 100-150 range it may be a clue that there may not be as much money on the sidelines as many thought. On the other hand if we do close up strong then the intermediate trend is still up. I will probably either get a CLASS 1 or CLASS 2 SELL signal in the DOW/SPX but would not expect a big pullback. Another thing to watch is how the NAZ performs today. If it closes strong today such should negate my previous sell signal, which would imply further upside and possibly strongly. seeya