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


To: bobby beara who wrote (39686)2/10/2000 11:15:00 PM
From: StockOperator  Respond to of 99985
 
bobby,

I don't follow nearly as many generals as in the past. I will say that out of the few that I do keep tabs on, IBM and GE appear to be holding up pretty well. They both look like they're going to try and breakout here. That would play in line with a possible turnaround on the DOW. Regarding the stocks with no earnings (CMRC) - you're right. But that's a fact we've lived with for some time now. Who knows when the street is going to make them more accountable. Could be years. Because I don't know, all I can do is trade the technicals that the market gives me, while hoping I catch the downdraft just before it happens. Easier said than done, especially in this market.

Good trading.

SO