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


To: bobby beara who wrote (51126)5/18/2000 8:32:00 AM
From: Haim R. Branisteanu  Respond to of 99985
 
Analysis of end of Day Closing prices and recommendations in
Summers & Uncle Al Tulips Market,or the Den of Thieves & Swindlers

This is the most effective list, but validate signals. Results
are relative to the SPX and move relative to the SPX - Haim
see more data & info including stock charts from this scan at:
home.nyc.rr.com
and also see Today Charts who are updated every several days

Today is 05/17/100 Remember this is a computer scan only

S&P Closed 1447.80
S&P Change -18.250

Recomandation Price Stoch. RSI RSI RS
Change ROC%

SELL SIGNAL ON COL 28.250 68.889 55 -10 -27
BUY SIGNAL ON EMF 9.188 13.867 38 -1 15
SELL SIGNAL ON GTK 21.688 77.579 58 -8 -2
SELL SIGNAL ON IGT 25.750 69.224 55 -12 -25
SELL SIGNAL ON NVX 4.375 87.732 59 -1 -6
SELL SIGNAL ON WMS 11.313 85.807 62 -2 -17
BUY SIGNAL ON BA 37.375 22.452 48 0 12
SELL SIGNAL ON TEVA 49.375 88.788 62 -6 0
SELL SIGNAL ON AIG 118.125 84.211 59 -9 -5



To: bobby beara who wrote (51126)5/18/2000 8:39:00 AM
From: marginmike  Respond to of 99985
 
Russel and Midcap look like they want to break higher. If they do they will lead market out of downtrend. However without Financials I find this difficult to accomplish.



To: bobby beara who wrote (51126)5/18/2000 9:08:00 AM
From: lawdog  Read Replies (2) | Respond to of 99985
 
Another one bites the dust...

May 18, 2000
Stanley Shopkorn Resigns Post
At Moore-Run Hedge Funds
By RANDALL SMITH and GREGORY ZUCKERMAN
Staff Reporters of THE WALL STREET JOURNAL

NEW YORK -- One of Wall Street's best-known stock traders is hitting the sidelines amid continued volatility in the markets.

Stanley Shopkorn resigned as head of equities at hedge funds run by Moore Capital Management Inc., led by trader Louis Bacon. Moore is one of the largest hedge-fund groups remaining on the scene, with roughly $10 billion under management, in the wake of pullbacks in the past few months by two other high-profile hedge-fund managers, Julian Robertson and George Soros.



The article goes on to state that Shopkorn no longer believes that the markets are behaving rationally. The corrections that should be taking place are extremely fast or just don't happen at all. I agree, this is a very strange market.



To: bobby beara who wrote (51126)5/19/2000 12:44:00 PM
From: HairBall  Read Replies (1) | Respond to of 99985
 
bobby beara: So printer man, what's your take...no "BS guesses"...what do you see in them "glossy graphs...squiggly lines"...<g>

Regards,
LG