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: Crimson Ghost who wrote (48832)	5/1/2000 4:22:00 PM
From: el paradisio	Read Replies (2) \| Respond to of 99985

George,not only a buck was hit today,Semi are also acting weak.There is a chance that networking can "replace" them for a moment,but not sure. If tomorrow NDX will not hold 3800 on a better volume... time to generate some shorts. GE,after a good run this morning, looks bearish at close. el paradisio

To: Crimson Ghost who wrote (48832)	5/1/2000 5:36:00 PM
From: bobby beara	Respond to of 99985

George, the 9 day rsi on the buck friday was 84, in late jan the 9 day rsi on the buck was at 86 preceded a one month consolidation period. I believe the buck may have topped out for now, also you can see the agricultural commodities breaking out, the big muli-month H&S pattern on the CRB is still active and this sideways consolidation that we've been in may be about to end and we'll get another thrust up in the commodities (maybe gold too -gg-) gold may be making a double bottom here with a momentum low in late march and the price low here probing into the sept 99 gap. b