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


To: Benkea who wrote (35393)12/18/1999 1:42:00 PM
From: Haim R. Branisteanu  Respond to of 99985
 
Analysis of end of Day Closing prices and recommendations in
Summers & Uncle Al Tulips Market -

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 12/17/99 Remember this is a computer scan only

S&P Closed 1421.05
S&P Change 2.250

Recomandation Price Stoch. RSI RSI RS
Change ROC%

SELL SIGNAL ON AMR 67.500 85.977 64 0 -41
BUY SIGNAL ON EK 61.125 19.633 38 9 1
BUY SIGNAL ON GLX 54.313 11.712 39 5 59
BUY SIGNAL ON HAS 18.625 12.363 37 5 19
BUY SIGNAL ON OS 6.875 14.453 33 12 8
BUY SIGNAL ON SUB 29.625 12.338 33 4 9
SELL SIGNAL ON PMTC 30.500 82.469 61 -9 -2
BUY SIGNAL ON JWN 24.938 9.279 49 7 0

CURR PREV CURR STOCH
TICKER NAME CLOSE CLOSE Vol % %K %D RSI
------------------------ ------- ------- ------- ------- ------- -------
ADBE ADBE 67.500 63.750 371.377% 32.287 22.378 51.915
* VOLUME BREAKOUT 371.377 PERCENT OVER LAST 30 DAYS
AF AF 11.875 11.688 89.825% 82.853 81.067 62.380
* PRICE BREAKOUT ABOVE 50 DAY HIGH OF CLOSE
QQQ QQQ 167.563 166.125 119.842% 94.490 91.822 74.034
* PRICE BREAKOUT ABOVE 50 DAY HIGH OF CLOSE
AMR AMR 67.500 67.250 162.968% 85.977 87.376 64.839
* STOCH SELL
QCOM QCOM 455.000 439.250 79.060% 93.974 90.051 80.426
* PRICE BREAKOUT ABOVE 50 DAY HIGH OF CLOSE
BS BS 8.000 7.563 188.058% 93.181 91.831 74.798
* PRICE BREAKOUT ABOVE 50 DAY HIGH OF CLOSE
BZF BZF 17.438 17.000 142.297% 86.928 84.463 72.728
* PRICE BREAKOUT ABOVE 50 DAY HIGH OF CLOSE
BZL BZL 5.313 5.125 117.171% 77.768 78.333 68.940
* PRICE BREAKOUT ABOVE 50 DAY HIGH OF CLOSE
CA CA 59.625 59.000 140.061% 10.990 9.760 42.553
* STOCH BUY
CRUS CRUS 12.500 12.625 58.442% 9.929 8.599 42.837
* STOCH BUY
DD DD 68.563 65.313 225.368% 89.077 84.664 72.586
* PRICE BREAKOUT ABOVE 50 DAY HIGH OF CLOSE
DDS DDS 19.438 18.500 577.350% 55.716 37.399 62.480
* VOLUME BREAKOUT 577.350 PERCENT OVER LAST 30 DAYS
DH DH 73.625 74.625 98.612% 83.335 80.251 68.128
* RSI SELL
DSCP DSCP 38.938 38.813 320.078% 89.200 87.045 57.877
* VOLUME BREAKOUT 320.078 PERCENT OVER LAST 30 DAYS
EK EK 61.125 59.938 229.674% 19.633 16.293 38.073
* STOCH BUY
* RSI BUY
FAST FAST 38.563 37.750 417.546% 54.517 43.639 51.523
* VOLUME BREAKOUT 417.546 PERCENT OVER LAST 30 DAYS
GE GE 151.500 147.625 442.161% 81.381 84.393 68.896
* PRICE BREAKOUT ABOVE 50 DAY HIGH OF CLOSE
* VOLUME BREAKOUT 442.161 PERCENT OVER LAST 30 DAYS
GGC GGC 30.000 29.875 99.255% 88.970 87.427 75.969
* PRICE BREAKOUT ABOVE 50 DAY HIGH OF CLOSE
GIS GIS 33.688 32.750 336.599% 17.086 14.225 29.005
* VOLUME BREAKOUT 336.599 PERCENT OVER LAST 30 DAYS
GLX GLX 54.313 53.188 93.670% 11.712 9.026 39.154
* STOCH BUY
GP GP 47.625 46.750 130.927% 87.501 82.842 71.775
* PRICE BREAKOUT ABOVE 50 DAY HIGH OF CLOSE
HAS HAS 18.625 17.938 211.561% 12.363 11.064 37.674
* STOCH BUY
HD HD 98.000 96.688 237.497% 98.202 96.854 83.434
* PRICE BREAKOUT ABOVE 50 DAY HIGH OF CLOSE
IBP IBP 18.125 18.750 526.359% 9.278 11.538 28.158
* VOLUME BREAKOUT 526.359 PERCENT OVER LAST 30 DAYS
ITA ITA 16.500 16.375 52.743% 95.875 93.056 82.228
* PRICE BREAKOUT ABOVE 50 DAY HIGH OF CLOSE
KYO KYO 142.375 132.000 308.219% 82.792 77.905 65.904
* PRICE BREAKOUT ABOVE 50 DAY HIGH OF CLOSE
* VOLUME BREAKOUT 308.219 PERCENT OVER LAST 30 DAYS
MAG MAG 7.125 6.875 333.350% 52.632 56.907 53.460
* VOLUME BREAKOUT 333.350 PERCENT OVER LAST 30 DAYS
MOT MOT 131.563 129.813 126.166% 73.408 65.168 62.459
* PRICE BREAKOUT ABOVE 50 DAY HIGH OF CLOSE
MSFT MSFT 115.250 113.688 142.108% 95.161 91.478 82.447
* PRICE BREAKOUT ABOVE 50 DAY HIGH OF CLOSE
MXF MXF 17.750 17.438 103.194% 80.233 72.679 69.117
* PRICE BREAKOUT ABOVE 50 DAY HIGH OF CLOSE
NKE NKE 52.438 44.000 409.598% 59.566 40.058 62.428
* VOLUME BREAKOUT 409.598 PERCENT OVER LAST 30 DAYS
NOVL NOVL 24.625 24.250 139.676% 89.388 81.362 65.997
* PRICE BREAKOUT ABOVE 50 DAY HIGH OF CLOSE
ORCL ORCL 90.688 89.563 133.743% 90.699 85.610 69.649
* PRICE BREAKOUT ABOVE 50 DAY HIGH OF CLOSE
OS OS 6.875 6.438 242.222% 14.453 9.467 33.297
* STOCH BUY
* RSI BUY
RLM RLM 73.500 74.063 402.845% 85.107 88.080 66.447
* VOLUME BREAKOUT 402.845 PERCENT OVER LAST 30 DAYS
SIGM SIGM 10.375 11.125 73.125% 69.806 73.476 65.474
* RSI SELL
SIII SIII 10.000 9.500 392.598% 58.033 54.482 54.604
* VOLUME BREAKOUT 392.598 PERCENT OVER LAST 30 DAYS
SNE SNE 202.125 187.938 124.155% 80.692 70.693 74.733
* PRICE BREAKOUT ABOVE 50 DAY HIGH OF CLOSE
SUB SUB 29.625 29.188 199.819% 12.338 10.255 33.641
* STOCH BUY
* RSI BUY
TKR TKR 18.625 18.438 400.846% 50.471 51.494 51.792
* VOLUME BREAKOUT 400.846 PERCENT OVER LAST 30 DAYS
TMX TMX 112.750 108.438 70.431% 87.035 83.373 69.221
* PRICE BREAKOUT ABOVE 50 DAY HIGH OF CLOSE
TRF TRF 13.250 12.313 340.290% 67.255 48.050 58.604
* VOLUME BREAKOUT 340.290 PERCENT OVER LAST 30 DAYS
UAL UAL 75.000 74.000 86.167% 83.410 84.189 67.680
* PRICE BREAKOUT ABOVE 50 DAY HIGH OF CLOSE
UBS UBS 18.188 18.750 188.199% 90.382 89.508 69.070
* RSI SELL
UNP UNP 44.313 43.813 135.649% 18.802 13.872 32.558
* RSI BUY
WFC WFC 39.938 39.750 170.819% 10.554 10.779 30.309
* RSI BUY
WMT WMT 65.000 68.625 226.603% 78.287 81.245 59.957
* RSI SELL
X X 30.688 29.813 162.527% 90.692 89.701 71.372
* PRICE BREAKOUT ABOVE 50 DAY HIGH OF CLOSE
PMTC PMTC 30.500 32.875 308.305% 82.469 87.572 61.816
* VOLUME BREAKOUT 308.305 PERCENT OVER LAST 30 DAYS
* STOCH SELL
* RSI SELL
KMET KMET 39.625 39.125 158.138% 87.612 82.407 66.645
* PRICE BREAKOUT ABOVE 50 DAY HIGH OF CLOSE
EWJ EWJ 15.250 15.188 45.136% 32.520 26.122 53.040
* STOCH BUY
EWM EWM 6.250 6.125 106.212% 90.154 89.071 71.577
* PRICE BREAKOUT ABOVE 50 DAY HIGH OF CLOSE
CBS CBS 59.813 56.563 174.080% 82.519 81.142 71.399
* PRICE BREAKOUT ABOVE 50 DAY HIGH OF CLOSE
CD CD 24.500 22.000 335.448% 76.282 60.819 76.959
* PRICE BREAKOUT ABOVE 50 DAY HIGH OF CLOSE
* VOLUME BREAKOUT 335.448 PERCENT OVER LAST 30 DAYS
NT NT 90.438 90.000 104.277% 81.057 80.395 71.667
* PRICE BREAKOUT ABOVE 50 DAY HIGH OF CLOSE
TNT TNT 5.375 5.000 165.210% 81.821 74.337 67.704
* PRICE BREAKOUT ABOVE 50 DAY HIGH OF CLOSE
WCOM WCOM 80.063 77.500 160.667% 23.450 18.148 48.672
* STOCH BUY
TBH TBH 112.000 107.500 96.630% 91.142 90.845 79.401
* PRICE BREAKOUT ABOVE 50 DAY HIGH OF CLOSE
XLE XLE 27.000 27.203 814.202% 64.769 50.095 48.793
* VOLUME BREAKOUT 814.202 PERCENT OVER LAST 30 DAYS
XLF XLF 23.063 22.969 374.257% 7.136 8.938 37.928
* VOLUME BREAKOUT 374.257 PERCENT OVER LAST 30 DAYS
XLK XLK 51.563 51.000 77.916% 94.421 88.884 71.501
* PRICE BREAKOUT ABOVE 50 DAY HIGH OF CLOSE
XLI XLI 28.531 27.875 1976.44% 68.704 60.057 57.603
* VOLUME BREAKOUT 1976.44 PERCENT OVER LAST 30 DAYS
JWN JWN 24.938 24.000 93.633% 9.279 8.492 49.712
* STOCH BUY
ECIL ECIL 30.750 30.000 88.018% 89.308 85.389 67.903
* PRICE BREAKOUT ABOVE 50 DAY HIGH OF CLOSE



To: Benkea who wrote (35393)12/18/1999 1:51:00 PM
From: Lee Lichterman III  Read Replies (3) | Respond to of 99985
 
>>>We are now fully out of all long positions and are
aggressively short this market, particularly the NASDAQ
issues<<<<

That is one of the things that keeps concerning me. Even though there is all kinds of irrational exuberance out there, there is also a lot of short interest in the high flyers and index puts offestting the lopsided calls on equities. I think until the shorts give up and the put buyers disappear, this could keep going on nothing more than short squeezes. Some of these parabolic moves have to be shorts running for cover.

As bobby points out in the post after yours, the Advance decline is starting to act like it could move up. Notice the new highs and new lows the last couple days. The NASDAQ new highs aer declining and the new lows are increasing while the NYSE new highs are creeping up but more importantly the new lows are dropping quickly. Dead cat bounces or a true recovery attempt? We have gone from 570 new lows to only 300+. Not healthy by any bit of imagination but like I said earlier, one more bounce before the drop?

The wild cards are the foreign countries not Y2K compliant and the impacts of any failures there. Supply interuptions from Asia, Oil flows stopping from the middle east etc. There were numerous writings about increased inventories in preparation of Y2K but the latest reports I saw actually showed decreases in inventories, this could cause major problems and since news is often delayed it would go nicely for my timeline of mid January pullbacks.

Who knows. I found long plays I like today but haven't found many shorts that look like a sure thing. Maybe that in itself is contrary to my thinking and this is the top. <ggg> The over inflated continue to inflate more so they are high risk shorts IMO. PG finally broke when I wasn't looking after I watched it for weeks waiting. GE is signalling now but I know this will be one of the last to fall. CTXS is just begging but this one is tough to time.

Also I am not convinced on the Gold stocks. This may be a bearish wedge in the making. I want to see 290 taken out convincingly before jumping.

Good Luck,

Lee



To: Benkea who wrote (35393)12/18/1999 6:06:00 PM
From: Dwight E. Karlsen  Respond to of 99985
 
Benkea, I'm starting to like Shep again:

Fundamentals are astoundingly bearish, with bond yields climbing ever higher, and stock valuations deep into the realm where only tulip bulbs and beanie babies dare tread.

I'll trade you 3 tulip bulbs for 20 Disneys. (MSFT, AOL, CSCO, = 20 DIS, by mkt cap).

Granted, MSFT and CSCO aren't your average tulip bulbs, but they're sure traded as such.