Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: marginmike who wrote (48758)	5/1/2000 1:08:00 PM
From: StockOperator	Read Replies (1) \| Respond to of 99985

MMike, What you say may very well be true. My opinions are based solely on what the charts are giving me. When I look at how stocks like ORCL and SUNW finished off the month, their price action indicates a challenge of at least the old highs. There is however significant resistance right at current levels, which means we should get our answers soon enough. As I indicated earlier I am paying close attention to the character of the advance from here. Any gains given back by the end of the week may be our first clue whether this advance has legs or not. Regards, SO