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

To: James Strauss who wrote (51674)	5/22/2000 4:45:00 PM
From: Les H	Read Replies (1) \| Respond to of 99985

Today was the first time since mid April that the Nasdaq volume has moved above the average daily volume. The flip side is that the average has fallen down to around $ 1.5B.

To: James Strauss who wrote (51674)	5/22/2000 4:55:00 PM
From: el paradisio	Read Replies (3) \| Respond to of 99985

James,it was encouraging and we should have a follow up tomorrow, on Vol... Indu must hold 10,500 area.If not Nasdaq will not be able to sustain the gains... el

To: James Strauss who wrote (51674)	5/22/2000 8:24:00 PM
From: Jerry Olson	Read Replies (1) \| Respond to of 99985

James a nice hammer on the NAZ daily..very nice... let's see what kind of legs this has... my guess is not much... on the daily candle chart..20 period mav is 3644ish..and the 40 is 3869... we will try to take out that candle right next to this one first at 3540..but just ahead is the 20/and the 200 overhead..stiff resistance i would think... tomr will be interesting..turn around TUes??? my guess would be the 20 then selloff again... OJ