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


To: bearshark who wrote (35390)12/18/1999 10:53:00 AM
From: Casaubon  Read Replies (1) | Respond to of 99985
 
Bearshark,

You seem to be saying two opposite things in your post. First, you state your belief that a 17 year bull run is close to completion, then you state we are approaching an oversold position, and your expectation of improvement in the NYSE advancing issues. The statements seem contradictory to me.



To: bearshark who wrote (35390)12/18/1999 11:05:00 AM
From: Lee Lichterman III  Read Replies (3) | Respond to of 99985
 
Well I see split directional indicator signals all over the place. I tried to sum up my early reads so far this weekend in my last response to armadillo in the message area of my site at home.att.net

Basically I don't have us lined up right for a major dump but I also see a half and half market here. Same sectors have half the stocks over sold and others over bought. Unfortunately it isn't as easy as shorting the high flyers and going long the laggers since there is some actual reasons for each being where they are.

Funny how I am reading about the moon being ina unique state at the time of the FOMC. Astrology trading anyone?

Good Luck,

Lee