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


To: SBerglowe who wrote (47279)4/19/2000 9:14:00 AM
From: Benkea  Respond to of 99985
 
SBerg:

Fine link! Thanks. Note the 32% DOW drop over a short period similiar to the Dung's 35% drop. Also note the 18% two day rally after the initial drop, sound familiar?

The S&P met resistance at 38% retrace as of yesterday whilst the Dung broke 38% and is probably headed to 50% at 3962. That target is very close to mine and several others target of 4k on the NDX for this rally to get real weak real quick.



To: SBerglowe who wrote (47279)4/19/2000 10:19:00 AM
From: Les H  Respond to of 99985
 
April 17, 2000 TrimTabs Market Summary
trimtabs.com

Bottom Line: We Are Now Short Term & Long Term Bearish.

How Much Financial Rot Lies Waiting to Be Discovered As a Result of Market Plunge?

Headline: Stocks Plunge As Margin Calls Slide Leveraged Investors Down the Tubes.
Equity Fund Outflows Surprisingly Small. New Offerings Slow As Do Cash Takeovers.

Subheads:
Spike In BuyBack Announcements Precedes A Market Bottom By Several Weeks. We're Not There Yet.
Margin Debt Rose Another $13 Billion in March, $96 Billion in Total Since October.
Key Question: How Much Still To Be Liquidated?
Margin Debt Grew Faster Than Stocks in 1999. From 1994-1998 Margin Grew Slower - 130% vs. 161%.
Flows Continue To Surprise on the Upside. Money Fund Cash Used To Pay Taxes.
Is This Market Drop Reversible Anytime Soon?