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


To: dennis michael patterson who wrote (34754)12/5/1999 9:26:00 AM
From: dclapp  Read Replies (1) | Respond to of 99985
 
long URL's seem to get truncated by SI, but...since I can't paste in the entire link, the 5 minute chart for QQQ on Friday, at

iqc.com

is worth 1,000 words. 700, anyway...

regards,



To: dennis michael patterson who wrote (34754)12/5/1999 10:33:00 AM
From: Les H  Read Replies (1) | Respond to of 99985
 
That's why I had qualified it WITHOUT SLIPPAGE. I would expect another pullback here. Bearish stick on the OTX:

timely.com

Article on narrow European stock markets:

nytimes.com

As for bottomfish, Eastman Kodak (EK) looks to usurp that role next. Although, it still probably has another 5 points or so to go on the downside.

One of the few remaining Nasdaq 100 techs that looks reasonable technically without sticking one's neck out too far is Legato Systems (LGTO). Although, I'll wait for the 50-day EMA to catch up on that one.