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

To: Michael Watkins who wrote (48590)	4/28/2000 5:47:00 PM
From: Jerry Olson	Read Replies (1) \| Respond to of 99985

Hi Michael whats your current read on the indexs??? when you have time..no rush... take a peek at the COMPX weekly...damn if that doesn't look good...but i'm guessing it will be only a retrace back up...the 20 period mva will probably stop the advance... 3900 is a new P&F buy signal off the bull tri..amazing chart pattern... regards OJ..

To: Michael Watkins who wrote (48590)	4/28/2000 6:22:00 PM
From: Haim R. Branisteanu	Respond to of 99985

Mike it was the usual end of month 401K season and the market performed quite poorly on a relative basis to previous months. Every one thinks it is a bottom, and we may pop up like today only to falter later. MY time frame is for a serious downdraft by end of next week or the week thereafter. BWDIK Haim

To: Michael Watkins who wrote (48590)	4/28/2000 7:21:00 PM
From: Eddy Blinker	Read Replies (1) \| Respond to of 99985

<<<The contrarian arguement is that this must be the bottom... but I doubt it.>>> Michael, Unless the spin doctors forgot to celebrate the 1st of May 2000 the exchanges around the world (the open ones) will deliver fireworks on Monday. Regards, ED

To: Michael Watkins who wrote (48590)	4/29/2000 10:38:00 AM
From: AllansAlias	Respond to of 99985

Michael, Just a short note about Tiger/Soros. When I think on this, trying hard not to use selective perception based on my belief that we've yet to see the worse, I think that this is further evidence that the mania is beyond measuring at this point. The bottom line regarding these failures is that the NASDAQ clown-genius-traders are making out well while the battle-hardened professionals are being killed. The money machine is rewarding the ignorant at this point. I congratulate them for now. --Allan