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


To: Les H who wrote (42863)3/13/2000 8:24:00 PM
From: Les H  Read Replies (1) | Respond to of 99985
 
LastMinute.com set to IPO

newsunlimited.co.uk



To: Les H who wrote (42863)3/13/2000 11:30:00 PM
From: Zeev Hed  Read Replies (2) | Respond to of 99985
 
Les, I was following the tick for an extreme, but it never got down under -1000, the max was -970
quote.yahoo.com^TIC.N&d=t

Where did he get a reading of -1100?

The fact that the tick never got to extreme, and furthermore, that a huge rally never got the tick above +1000, indicates to me that the decline has much more to go before a knee jerk reaction, I still see us reaching the 9500 to 9600 area in the DOW and if that is breach, I believe the NAZ could retrace sharply (I have a contingency of 3800 on the NAZ).

Zeev

Zeev