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

To: Les H who wrote (48049)4/25/2000 2:48:00 PM
From: SBerglowe  Read Replies (2) | Respond to of 99985
 
Les, I just listened to an advisory hotline: They were shorting the s& P's at 1472 with a 1478 stop...I don't have futures quotes. Can you tell me how that trade is working? thanks, Susan



To: Les H who wrote (48049)4/25/2000 2:51:00 PM
From: Trumptown  Respond to of 99985
 
Nice chart...retest of recent low looks like it's in...

SR



To: Les H who wrote (48049)4/25/2000 3:04:00 PM
From: Fun-da-Mental#1  Read Replies (1) | Respond to of 99985
 
NYA also approaching resistance around 665. This is the top of its long-term trading range:

207.61.23.98

Note how volume jumped at the beginning of this year and has stayed very high since - even higher than at the lows in 98. I'm not sure what to make of that.

Maybe we will see a breakout and last-gasp run up in the next few months, maybe on decreasing volume?

Fun-da-Mental


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