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: Jacob Snyder who wrote (35333)	12/17/1999 6:22:00 AM
From: Haim R. Branisteanu	Respond to of 99985

Analysis of end of Day Closing prices and recommendations in Summers & Uncle Al Tulips Market - Transparent stock markets? not in the US This is the most effective list, but validate signals. Results are relative to the SPX and move relative to the SPX - Haim see more data & info including stock charts from this scan at: members.bellatlantic.net - & see Today Charts Today is 12/16/99 Remember this is a computer scan only S&P Closed 1418.80 ARROGANCE AND COLUSION without any boundaries S&P Change 5.450 all encouraged by the Clinton administration Law enforcement are ignorant on purpose Recomandation Price Stoch. RSI RSI RS Change ROC% SELL SIGNAL ON AF 11.688 77.778 57 -4 -3 BUY SIGNAL ON BMY 64.563 8.183 32 -5 52 SELL SIGNAL ON IGT 19.875 84.058 59 0 -398 BUY SIGNAL ON STK 16.938 14.745 40 -1 25 BUY SIGNAL ON RAL 25.875 5.417 23 -7 116 SELL SIGNAL ON UAL 74.000 84.583 65 1 -16 BUY SIGNAL ON HOT 20.625 17.603 40 0 0 SELL SIGNAL ON KOR 20.813 82.005 65 -6 -14 CURR PREV CURR STOCH TICKER NAME CLOSE CLOSE Vol % %K %D RSI ------------------------ ------- ------- ------- ------- ------- ------- AA AA 76.250 79.000 138.349% 87.367 89.163 68.636 * STOCH SELL * RSI SELL ABX ABX 17.813 17.750 106.019% 20.817 19.039 48.049 * STOCH BUY ADBE ADBE 63.750 61.875 370.294% 14.540 12.470 44.920 * VOLUME BREAKOUT 370.294 PERCENT OVER LAST 30 DAYS * STOCH BUY AF AF 11.688 11.813 41.755% 77.778 79.280 57.547 * STOCH SELL QQQ QQQ 166.125 162.125 138.486% 90.818 89.155 72.785 * PRICE BREAKOUT ABOVE 50 DAY HIGH OF CLOSE QCOM QCOM 439.250 423.188 51.656% 87.438 86.129 77.996 * PRICE BREAKOUT ABOVE 50 DAY HIGH OF CLOSE BMCS BMCS 75.250 70.438 127.418% 24.736 17.972 57.961 * STOCH BUY BMY BMY 64.563 67.156 185.062% 8.183 7.792 32.132 * STOCH BUY BS BS 7.563 7.625 70.064% 93.022 90.482 69.227 * RSI SELL DH DH 74.625 74.063 94.969% 87.443 77.166 72.469 * PRICE BREAKOUT ABOVE 50 DAY HIGH OF CLOSE GGC GGC 29.875 29.438 38.525% 87.730 85.883 75.538 * PRICE BREAKOUT ABOVE 50 DAY HIGH OF CLOSE GM GM 72.500 71.250 71.665% 16.703 16.484 52.905 * STOCH BUY GP GP 46.750 45.094 376.357% 86.001 78.184 69.891 * PRICE BREAKOUT ABOVE 50 DAY HIGH OF CLOSE * VOLUME BREAKOUT 376.357 PERCENT OVER LAST 30 DAYS GPS GPS 46.438 45.875 77.783% 89.920 87.722 67.770 * PRICE BREAKOUT ABOVE 50 DAY HIGH OF CLOSE HD HD 96.688 93.500 128.156% 98.254 95.506 82.312 * PRICE BREAKOUT ABOVE 50 DAY HIGH OF CLOSE HDI HDI 58.250 56.438 106.957% 17.265 14.137 44.479 * STOCH BUY HMT HMT 8.125 8.063 61.119% 34.351 28.670 31.536 * RSI BUY IGT IGT 19.875 19.875 42.123% 84.058 84.973 59.714 * STOCH SELL STK STK 16.938 17.250 117.112% 14.745 14.396 40.398 * STOCH BUY IRIC IRIC 9.750 9.625 336.838% 50.000 50.460 50.109 * VOLUME BREAKOUT 336.838 PERCENT OVER LAST 30 DAYS ITA ITA 16.375 16.125 41.169% 89.897 90.237 81.099 * PRICE BREAKOUT ABOVE 50 DAY HIGH OF CLOSE KSS KSS 67.875 65.625 124.804% 26.748 21.125 47.025 * STOCH BUY LSI LSI 58.000 55.000 199.025% 19.266 19.017 45.345 * STOCH BUY MSFT MSFT 113.688 108.438 177.954% 92.796 87.795 81.510 * PRICE BREAKOUT ABOVE 50 DAY HIGH OF CLOSE NOVL NOVL 24.250 21.813 152.275% 84.657 73.336 64.693 * PRICE BREAKOUT ABOVE 50 DAY HIGH OF CLOSE ORCL ORCL 89.563 90.375 96.379% 83.681 80.520 68.842 * RSI SELL OSSI OSSI 24.813 22.688 177.545% 38.052 26.900 58.114 * STOCH BUY RAL RAL 25.875 27.250 193.162% 5.417 4.949 23.641 * STOCH BUY RLM RLM 74.063 76.750 159.021% 89.110 91.053 68.529 * STOCH SELL * RSI SELL TKF TKF 16.063 15.438 263.382% 85.626 86.489 79.880 * PRICE BREAKOUT ABOVE 50 DAY HIGH OF CLOSE UAL UAL 74.000 73.563 111.932% 84.583 84.967 65.188 * STOCH SELL UBS UBS 18.188 18.750 188.199% 90.382 89.508 69.070 * RSI SELL VSH VSH 28.125 26.250 157.061% 19.043 18.686 50.395 * STOCH BUY WMT WMT 68.625 66.000 134.148% 84.173 84.203 71.416 * PRICE BREAKOUT ABOVE 50 DAY HIGH OF CLOSE X X 29.813 30.344 93.226% 88.948 88.710 67.904 * RSI SELL PMTC PMTC 32.875 30.688 123.128% 95.837 92.674 70.939 * PRICE BREAKOUT ABOVE 50 DAY HIGH OF CLOSE HOT HOT 20.625 20.750 37.821% 17.603 16.935 40.881 * STOCH BUY KMET KMET 39.625 39.125 158.138% 87.612 82.407 66.645 * PRICE BREAKOUT ABOVE 50 DAY HIGH OF CLOSE KOR KOR 20.813 21.250 69.762% 82.005 84.946 65.050 * STOCH SELL * RSI SELL EWM EWM 6.125 5.875 160.720% 89.316 87.989 69.045 * PRICE BREAKOUT ABOVE 50 DAY HIGH OF CLOSE CD CD 22.000 16.438 751.559% 49.145 45.356 71.727 * PRICE BREAKOUT ABOVE 50 DAY HIGH OF CLOSE * VOLUME BREAKOUT 751.559 PERCENT OVER LAST 30 DAYS NT NT 90.000 88.625 97.435% 77.123 79.732 71.167 * PRICE BREAKOUT ABOVE 50 DAY HIGH OF CLOSE BPA BPA 62.000 60.688 76.989% 65.174 62.688 60.032 * PRICE BREAKOUT ABOVE 50 DAY HIGH OF CLOSE XLK XLK 51.000 50.063 83.311% 85.112 83.346 69.528 * PRICE BREAKOUT ABOVE 50 DAY HIGH OF CLOSE TEVA TEVA 60.375 58.063 366.164% 93.030 91.024 80.511 * PRICE BREAKOUT ABOVE 50 DAY HIGH OF CLOSE * VOLUME BREAKOUT 366.164 PERCENT OVER LAST 30 DAYS

To: Jacob Snyder who wrote (35333)	12/17/1999 5:13:00 PM
From: Les H	Read Replies (1) \| Respond to of 99985

Next Thursday is first strike date for over $ 480 B in Y2K overnight loans US TSY OUTLOOK: BEARS TO RULE IN THIN TRADING; FOMC FOCUS By Ellen Taylor NEW YORK (MktNews) - Trading in U.S. Treasuries will remain volatile next week with a bearish bias, as dealers will be cautious ahead of Tuesday's FOMC meeting, traders said. If the bond market didn't have enough liquidity problems to cope with already with so many players closing books early ahead of potential Y2K disruptions, trading will be shortened by the early 2 p.m. EST close Thursday and day off on Christmas Eve Friday. The market's major worry next week will be what the Fed does, or doesn't, say about monetary policy. "We could see a change in the Fed's bias Tuesday, which would have more of a psychological impact than anything else," said George Adell, in charge of arbitrage trading for Starboard Capital Markets. "But then psychology moves markets." Though no one expects the FOMC to rock the markets by increasing interest rates so close to Y2K, talk has been rampant for weeks that policymakers will conclude they are more inclined to raise, than lower, interest rates in the future. Such a nuance is known currently as a "tightening bias", though the meeting is also expected to produce a public definition of what a bias actually is. The misunderstanding of this illusive concept has added volatility to the market this year. "What the Fed might say is, 'No, a tighter bias doesn't necessarily mean we will tighten in February'," said Chris Rupkey, senior financial analyst at Bank of Tokyo/Mitsubishi. Strategists said that current market negativism has not only already built in a firmer Fed bias but also a rate hike to reflect a 5 3/4% funds target by early February, as seen in rates on Federal funds futures contracts as well as in when-issued yields on the December 2-year note that will be auctioned Tuesday. Still, in this enormously illiquid, pre-holiday market next week, prices could get beaten down more if the Fed validates the market's expectation. "If the Fed puts on a firmer bias, you could see a quick downtrade, then a modest recovery, on the news," said Gemma Wright, a senior interest-rate strategist for Aubrey G. Lanston. "But thin market conditions will persist and a lot of people will want to be even ahead of year end" ten days after the Fed meeting. And while price action this week suggests the bond market is fearing the worst Tuesday, many strategists still argue the Fed won't change either its bias or rates Tuesday. They contend policymakers won't want to roil the markets so close to the Y2K-related liquidity problems expected during the week between the Christmas and New Year's holidays. Many traders and customers won't even be in offices to support price action next week ahead of the long Christmas weekend. That is likely to further exaggerate price movements, causing already sharply diminished liquidity to shrink even more, analysts said. "We are seeing no retail this week. None," said another market analyst Wednesday. "What buying we do see is only shortcovering when the market dips." With the 30-year bond yield already hovering at 6.384%, just beneath its 1999 high of 6.40% set on Oct. 25, traders said it's more likely the bond will break out to a 6.50% yield before year end than to rally to 6.25% again. "You could see the bond go to 6.50% just ahead of the FOMC," said Rupkey. On Wednesday the market will have to bid on $15 billion in Dec. 2-year notes in the absence of takers. The notes must be paid for on the worst possible financing day of the year, on Dec. 31. But there could also be Y2K-related quality preferences sparking demand for the note, some trader said. "The 5 7/8% November 2-year note was trading a little special on repos today so there seem to be sizable shorts set up in the 2-year sector," said Lanston's Wright. The final report on third-quarter U.S. GDP will be released Wednesday as well. The first estimate indicated strong growth of 5.5%, more than double the second quarter's 1.9% expansion and analysts don't expect much of a change in the update report. Reports on personal income and spending last month are also not expected to impact price action, analysts said. They will also be released Wednesday. Analysts expect an increase in November durable goods orders and initial unemployment claims for the week on Thursday, but said both will likely be dismissed as rebounds of the previous reports. On Thursday, the Fed will release the minutes from its Nov. 16 meeting at which it raised the funds target to 5.50%, so it's likely to be seen as anticlimactic. Coming two days after the Dec. FOMC meeting, new trading ranges will have already been established and will likely persist over the last week of 1999. Finally, Thursday also marks the first strike date for the total of $481B in options on overnight repos sold by the Fed this fall to give dealers emergency "as needed" financing over the Y2K turn. Few traders expect dealers to exercise any of those options before or on Dec. 23 since financing problems will not surface until a week later when rates are more likely to come under extreme upward pressure over New Year's weekend. Since the strike price is set 150bps above the funds target, funds would have to be trading at 7% or higher Thursday to put the options "in the money."