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


To: bobby beara who wrote (35928)12/23/1999 4:10:00 PM
From: Lee Lichterman III  Respond to of 99985
 
Listen to the applause on the close because the DOW just made a new high for the first time since August with a new record high on the interest rate too.

You are probably correct on your first read. SUNW hasn't dropped too much as it consolidates and now that the laggards like DELL etc are taking their turn, it could still go much higher.

Nuts looked surprisingly weak for a strong up day. AMZN, EBAY etc finally feeling what it is like to watch others soar into oblivion and moan about it just like the rest of the market watched as they took their turn last year.

Off to go shopping. Merry Christmas and Happy Hanika to everyone and thanks for a great year where I may not be as rich financially as the Mo Mo crowd but I sleep at night and at least understand what is really going on in this country even if I don't like where it may leave us down the road. One of these days we may be all standing at Heinz' door wanting to know where the best suberbs to move in are. ( Of course I wouldn't blame him if he called the police on us <ggg>)

Good Luck,

Lee