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

To: pater tenebrarum who wrote (48406)	4/27/2000 1:35:00 PM
From: AllansAlias	Read Replies (1) \| Respond to of 99985

Intraday DOW is putting in a strong effort not to meltdown coming of a double-top. Man, the old bull got some legs. Watching the charts of some of the tech issues, a close around the highs of the day would form some nice bullish-engulfing candles. We have not seen many of those since January. (AMAT - I was wrong about GE figuring-out cold fusion. Must be these guys!) --Allan

To: pater tenebrarum who wrote (48406)	4/27/2000 1:52:00 PM
From: Crimson Ghost	Respond to of 99985

Heinz: "one thing is pretty certain imo, as usual, the rally will be very swift and violent when it comes, and perhaps a short lived affair again. since often the initial move off the lows is so quick and powerful, one has to be positioned before it happens." No doubt about that.