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


To: el paradisio who wrote (50553)5/12/2000 1:22:00 PM
From: James Strauss  Read Replies (1) | Respond to of 99985
 
in my calculations,we have very tight pennant on QQQ at 87 1/4 -87 3/4. Brake above 88 should be bullish.

el:

I have a short term trendline in the 84 area that was just broken to the upside...
chart.bigcharts.com

I used the 5/1 and 5/5 highs to create the trendline...

Jim



To: el paradisio who wrote (50553)5/12/2000 1:23:00 PM
From: Haim R. Branisteanu  Read Replies (2) | Respond to of 99985
 
TNX is back above 6.52% and TYX above 6.2% all those who bought the auction are under water now.

Stocks are as usual up for Friday. PPI report did not used the adjustment to eliminate "seasonal drop in oil prices" In January report they omitted the rise in oil prices all together.

Interesting why of reporting accurate statistics.

Market manipulation stronger than any economic realities.

BWDIK
Haim