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


To: Venditâ„¢ who wrote (37925)1/24/2000 9:30:00 PM
From: Benkea  Read Replies (1) | Respond to of 99985
 
Vendit:

FWIW, I'm just watching, but if I were to guess , I'd say I think the OEX gaps down, retests 748 min before it bounces to the 13 day at 762 and resumes its' decline.

R2K should go back to 515 min before a bounce. The r2k actually looks better than the OEX, but I am inclined to think it is being run by its' nut influence.

I'm just watching here, and am not interested in trading it. With the divergence in the NAS and rates, any correction could quite easily morph into "the big one". The divergence will resolve itself in either much lower stock prices, much lower bond yields, or a mixture of both.



To: Venditâ„¢ who wrote (37925)1/24/2000 10:39:00 PM
From: 10K a day  Respond to of 99985
 
Is the Ship going to Hold Captain!!...Or should we Assume The Position -g-