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


To: Les H who wrote (36462)1/3/2000 6:26:00 AM
From: DAY TRADER  Read Replies (1) | Respond to of 99985
 
FUTURES TURNED AROUND

Nasdaq 100 futures were down 39 points now down only

4 points, may open positive!



To: Les H who wrote (36462)1/3/2000 10:58:00 AM
From: Les H  Read Replies (1) | Respond to of 99985
 
raymondjames.com Dec 31 Conclusion:

If breadth behaves next week similar to yesterday, then there's a good chance that the market can tack on more points. We still have to be on guard for a possible one-day reversal by NASDAQ. That will be a day where it posts a big new high on huge (maybe record) volume, and it then reverses to close at the lows ? down on the day! Very often perpendicular moves blow out just that way! So, be on guard!