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


To: the Chief who wrote (50303)5/11/2000 10:30:00 AM
From: Sosmartinov  Read Replies (2) | Respond to of 99985
 
<<< critical numbers>>> I think the action around 3400-3700 pretty much demonstrates what you are saying has a kernel of truth...except, I think the manipulation has gone too far and the "investors" immersed in this market have been spooked by the near drowning experience....just look at the vol. If that's true then the charts we all have been using are temporarily useless and, seems to me, we are going to have to stick to stks that have pretty constant movement patterns, e.g. CEPH, CS, ADBE, INKT, etc. Anyway, enjoy your comments.