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

To: Les H who wrote (36997)1/7/2000 9:30:00 PM
From: Les H  Respond to of 99985
 
Where does Lucent fit in to today's action?

My data feeds showed yesterday's close at 52, although the downdraft was after 4 pm. As a result, today's huge volume of $ 170 million plus shows up as an up-volume since it went up to 54. The NYSE up volume is 825 million and the down volume is 367 million. This seems to be distorted.



To: Les H who wrote (36997)1/7/2000 9:51:00 PM
From: DAY TRADER  Read Replies (1) | Respond to of 99985
 
I agree, Monday should open strongly to the upside

for the Nasdaq as well as the Dow.

There may be some profit taking later in the day

due to today's rally.

DT


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