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


To: Michael Watkins who wrote (48285)4/27/2000 6:50:00 AM
From: Haim R. Branisteanu  Respond to of 99985
 
Michael "the market leader" once it was IBM and before that GM .

According to that we have mixed picture IBM flat GM up

BWDIK
Haim

BDW has any one comented on IBM new shareholders vote on IBM pension fund? I think the decisson is a dissaster in general for all those expecting a company pension.



To: Michael Watkins who wrote (48285)4/27/2000 4:03:00 PM
From: bobby beara  Read Replies (4) | Respond to of 99985
 
Michael, i will have to agree with Gregory Mullineax, this rally in nasdaq in the face of bad news (both msft and the eco #s) is bullish base builiding.

the relative strength chart beween the old eco and the new eco chart is starting to show bullish divergences and rounding up in favor of "new eco".

207.61.23.98

I've been watching the sox chart and wondering whether to go short or not when it hit the downtrendline, I think it is close today, a gap open tommorrow might convince me that the sox has been in a wave 4 consolidation and another leg up to new highs (in the sox anyway) may be in order.

b