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


To: Jerry Olson who wrote (40312)2/14/2000 9:23:00 PM
From: michael r potter  Respond to of 99985
 
Winning or losing is not the important thing. We are all one big [re-]united family once again. It's family man, that's how we'll get through this thing. Like my [constantly broke]realtor kept saying, "its only money". Good job all, I can tell you're tryin' Mike
PS. Nothin better than polishing off a big mug of '99 San Andreas Hearty Burgundy after a hard days trading, then going out for a blast on a 150HP Yamaha R-1. Makes ya feel glad yer alive. [actually, makes you glad you survived]. Just a thought while waiting for the BIG ONE. For those long away from motorcycles, re-visit the issue-these new bikers are incredible!
Disclaimer: One should never trade or ride a motorcycle while under the influence. Always wear a helmet and protective clothing. Be especially aware of OTHERS-it's the ones you don't see that get you.



To: Jerry Olson who wrote (40312)2/14/2000 9:54:00 PM
From: donald sew  Respond to of 99985
 
Jerry,

If you checked my INDEX UPDATE I expect that this week is up and I have a cycle top on FEB 18.

The possible 3-DAY PATTERN for specificly the NAZ/NDX not for the DOW or SPX is not lining up with other factors for market direction this week, such as expiration week being up/flat. So Im not all that confident with that 3-DAY pattern, but I wont ignore it.

Heres a possibility where the 3-DAY PATTERN would work and still be in line with the other factors, and that is that the NAZ sells off and the DOW rallys hard tomorrow, then all the major indices continue up/flat the rest of the week.

Keep in mind to qualify for DAY-3 of the 3-DAY PATTERN, the NAZ only has to selloff strongly intraday. It could bounce and close positive, but if intraday it sells off close to 75 NAZ/NDX points that would qualify it for DAY-3.

That is not totally impossible since the NAZ lagged the DOW for most of the day, so there was a hint of some sector rotation from the NAZ to the DOW. It was just a hint, but we all know how that could also change on a dime. I KNOW - IMPOSSIBLE. ggggggggggggg

seeya