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


To: pass pass who wrote (46083)4/13/2000 8:34:00 PM
From: Andy H  Respond to of 99985
 
I have to admit that there is an amazing amount of stock for sale each afternoon with no apparent let up. It sure appears that the momentum is unstoppable with likely margin selling continuing with each down day. If the PPT or real buyers do not step in at 3600 NAZ, the 200day moving average should get hit.

Given this continued selling, we may get to the type of bell ringing lows seen every two years.



To: pass pass who wrote (46083)4/13/2000 9:11:00 PM
From: jwb/geteven  Respond to of 99985
 
To
pass pass

Right on!!
All we need is for Abby to come out and say Techs are now oversold and away we will go. Herd mentality

JWB



To: pass pass who wrote (46083)4/13/2000 9:56:00 PM
From: Jack T. Pearson  Respond to of 99985
 
Do you think we will hit bottom before we see a high volume big drop day?