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


To: James Strauss who wrote (50774)5/15/2000 4:36:00 PM
From: Benkea  Read Replies (1) | Respond to of 99985
 
Margin debt dramatically declined during the wealth transfer party in April. Let the party begin again. Time to get back to "monetizing shareholder ignorance". Get those raisins and turds out for some mixin :-)



To: James Strauss who wrote (50774)5/15/2000 4:38:00 PM
From: Jacob Snyder  Read Replies (1) | Respond to of 99985
 
re:Tuesday should be a good day on higher volume for QQQ:

Covered my QQQ short last week at 83.5.
I'm going to re-short at 90, 93, and 96 (which is the top of the recent range).
Will cover at 86, 83, and 80 (which is the bottom of the recent range).
Stop-loss at 100.

If the market goes up in anticipation of the 6th (and possibly largest) rate hike, shorting it seems like easy money.

Sell the rallies is replacing buy the dips.



To: James Strauss who wrote (50774)5/16/2000 12:24:00 AM
From: el paradisio  Read Replies (1) | Respond to of 99985
 
James, QQQ bullish, but I think that in the end of the day
we had a lot of short covering on a single high stick of volume.
I didn't see too much volume on the big high tech,should come soon.
Tomorrow, in the morning is CPI, let's see what will be "hidden".
Looks, that an early summer rally can be in progress with a lot of volatility.
el