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

To: Haim R. Branisteanu who wrote (52562)	5/30/2000 12:49:00 PM
From: HudsonDog	Read Replies (4) \| Respond to of 99985

Man, this thread gets quiet when the Market is Strong! Any discussion on direction for the short term?

To: Haim R. Branisteanu who wrote (52562)	5/30/2000 1:24:00 PM
From: Box-By-The-Riviera™	Respond to of 99985

ditto!

To: Haim R. Branisteanu who wrote (52562)	5/30/2000 1:43:00 PM
From: Yogizuna	Respond to of 99985

Haim, Normally after hitting the YI -5 deeply oversold level for two or three trading days, a rally up into the zero line area which often acts as a resistance or support level for the market would be in order, so I am now looking for some type of rally to unfold here. I would be somewhat surprised if the market made it all the way back up to the YI +5 area without at least another short term correction, so we have to be on guard as the market rises back up towards the YI zero line..... Yogi