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


To: HairBall who wrote (39807)2/11/2000 2:52:00 PM
From: Michael Watkins  Read Replies (1) | Respond to of 99985
 
Check out the NYA LG, it hit its Oct 1998 trend line already today.

Unless this turns into a rout right here and now, I think the SP will rally above 1398 and try to digest some of this.

Gap down on Monday (on the Nas) is looking more and more likely.

EDIT - I refer to the SP futures, not cash.



To: HairBall who wrote (39807)2/11/2000 3:15:00 PM
From: bobby beara  Read Replies (3) | Respond to of 99985
 
Help me LG, i caught this from dennis, i am having a hard time resisting buying a small cap that i follow that is moving out of a triangle -ggg-