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

To: jttmab who wrote (42599)	3/8/2000 12:33:00 PM
From: Lee Lichterman III	Read Replies (1) \| Respond to of 99985

Thanks, yes, they have caught up now as the BTD crowd rushed in. Earlier though, there were only 7 bids versus 125 offers and after teh first 3 bids, there was a 2 point gap on each of the remaining until the last one which was 10 points lower than the one before it at 82. He would have been happy as long as it bounced back like it did. <ggg> I just checked the DOW stocks and the rise is mainly only in teh most over sold issues like CAT, MRK, JNJ, MCD etc. Still, TRIN and TICK looking good like this could last a while. What to expect now, Fib retrace or the usual rally into the FOMC to tick off AG. <g> I would be more comfortable with this DOW move if GE would join in. Good Luck, Lee