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

To: bobby beara who wrote (41953)	3/2/2000 1:24:00 AM
From: Michael Watkins	Respond to of 99985

Bobby, Mike, it looks like the nasdaq broke out of the inverted pattern i mentioned, the ndx lagged today, will be watching, sunw, csco, qcom and msft too see if they join in the fun. Interesting that you should mention tech generals. I wonder if this can go any farther without the generals fully participating. Seems very odd with a 2 year record new high figure, volume surging, that the much loved tech generals are not playing as strong a game. I'll have to go down into my office later and look more closely, but based on the look of things, either this is it, really - the blow off top here and now - or its going much higher. OJ, I can hear you goin' "I told you so" but that's ok ;) Interesting reversal on the dollar these last couple of days.