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: Casaubon who wrote (34627)12/3/1999 10:04:00 AM
From: HairBall  Read Replies (1) | Respond to of 99985
 
Casaubon and All: I just made it back to my office and powered up the computers. I am having trouble with QChart's data feed QFeed. But I have seen enough data to know that my technical expectations were blown out of the water by the market's reaction to the news today.

This is a very rare negation. When multiple time frames marry up the percentages are very high for the read. This move takes the INDU and SPX to new highs in one dramatic pop. This only stretches my indicators even more. I have to consider the possibility of a head fake, but I will "now" need to watch the current action for a while to draw any conclusions. I think the market may go through a digestion process regarding today's reports.

Good trading all...

Regards,
LG